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Mathematician John Milnor is the latest recipient of a prize touted to be the Nobel Prize equivalent for the field (pun not intended; by the way, the Fields medal is restricted only to those not above the age of 40). Though the idea of such a prize has been proposed as early as 1902, to mark the 100th birth anniversary of the person it is named for, it wasn't until 2003 that the first prize was actually given out.

Named after an outstanding mathematician from Norway, what is this prize?

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In Jan 2017, Finland became the first country in Europe to officially experiment with this socio-economic concept. Similar experiments are scheduled for many Dutch cities and the Canadian city of Ontario in 2017. In the case of Finland, the figure is 560 Euros a month. What concept?

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