Experiment offers income for a year

BERLIN - Miko may only be 5, but he already has 1,000 euros ($1,063) per month to live on - not from hard work, but as part of an experiment into universal basic income.

He is one of 85 people in Berlin, including around 10 children, chosen by startup Mein Grundeinkommen (My Basic Income) to receive the payments for a year since 2014.

Founder Michael Bohmeyer has set out to prove to a skeptical public in Germany and further afield that the universal basic income idea is workable.