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As expected, this word won the annual race to be crowned "Word of the Year" for the year 2011 as rated by the American Dialect Society. This beat out the likes of "FOMO" ("Fear of Missing Out"), "99%", "humblebrag", and "job creator". Unlike the choice of "Squeezed Middle" by the OED (IZ 436), this met the approval of critics and laymen alike.

Uniquely, the winning word-concept was deemed so influential, spawning several associated words in 2011, that the Society even created a special category named after this word. This category was won by "99%" while the Word of the Year 2011 was humbled into taking 2nd spot. In a category named after it. Complicated?

What's the good word?

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This day last year: Q.124

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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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