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Universal basic income experiments are popping up all over Europe

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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.

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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Full article:Universal basic income experiments are popping up all over Europe

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