Tag: experiment

The cost and the benefit of a rocket

The cost and the benefit of a rocket

We can all agree that, although the market is a very efficient tool to allocate resources, there are some cases, such as education and wealth, where the government intervention is, if not essential, certainly highly required. But how can the government understand what people want and what people need? How it should invest, and how … Continue reading The cost and the benefit of a rocket

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Minimum income guaranteed: the utopia that comes true

Minimum income guaranteed: the utopia that comes true

The idea of a guaranteed minimum income seems to be too good to be true, but it's happening and it's happening now: Finland is giving 2,000 citizens €560 ($587) a month as part of a very discussed experiment that can revolutionize the way we see the welfare state.  The 2-year program participants are chosen between those unemployed citizens who … Continue reading Minimum income guaranteed: the utopia that comes true