Finland's government is ending their experiment with Universal Basic Income. Abut 2000 unemployed people were given 560 E ($685) per month with no conditions, like seeking a job.
According to the NYTimes, "The government hoped that basic income would send more people into the job market to revive a weak economy." Wait, is that a misprint? So . . they thought unemployed people would go out and, say, wait on tables at a restaurant if only they were paid to stay home . .
If that is not a misprint, if Finland really expected that result, it was an expensive experiment to find out what any common sense about human nature could have told them.
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