by What a shame! Warren Mosler said in a recent tweet that if money is created at the central bank to pay for a Basic Income it could work, but your playing with fire. With MMT, he says, money creation is tied to the Job Guarantee.An experiment with 'free money' in Finland made people happier but did not improve employment levels and would be 'unsustainable', a study has found. Participants in the Finnish study 'were more satisfied with their lives and experienced less mental strain, depression, sadness and loneliness,' researchers said. But the Finnish study found that the handout led to people being employed for only six more days over a one-year period. Daily MailFree money makes people happy! Basic income improves people's mental well-being but is 'unsustainable', Finnish trial
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What a shame! Warren Mosler said in a recent tweet that if money is created at the central bank to pay for a Basic Income it could work, but your playing with fire. With MMT, he says, money creation is tied to the Job Guarantee.
An experiment with 'free money' in Finland made people happier but did not improve employment levels and would be 'unsustainable', a study has found.
Participants in the Finnish study 'were more satisfied with their lives and experienced less mental strain, depression, sadness and loneliness,' researchers said.
But the Finnish study found that the handout led to people being employed for only six more days over a one-year period.
Daily Mail