Universal basic income experiments are popping up all over Europe

Mashable

Universal basic income experiments are popping up all over Europe

More Europeans are about to get some free money in the name of economics research.

The European Union is funding a new universal basic income experiment in Barcelona alongside similar tests in Helsinki and the Dutch city of Ultrecht.

SEE ALSO: Could 2017 be the year people take universal basic income seriously?

Around 1,000 low-income households in one of the city's poorest districts will be randomly selected to receive monthly payments of between €400 ($450) and €525 ($590) for two years. All told, the three programs will cost the EU €13 million ($14.7 million).

The study is the latest in a series of research efforts launched across the globe in recent months to put the policy to the test in a real-world setting.   Read more...

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