In July 2013, Cypriot President Nicos Anastasiades announced the implementation of a “guaranteed minimum income,” but the president’s language was self-contradictory. The program was supposed to be a “guaranteed minimum income,” assuring “a dignified living, irrespective of age, class or […]
The Occupy Strategy Group has included the Basic Income Guarantee (BIG) on its top 10 list of recommended strategic objectives. The group is an email list of over 100 people who have met to craft strategy for the Occupy Movement. […]
Following a successful grass-root campaign, Switzerland will hold national referendum to vote on basic income.
According to the Associated Press, the Alaska Legislature approved a measure to designate July 21 as Jay Hammond Day. As governor of Alaska from 1974 to 1982, Jay Hammond was instrumental in the creation of the Alaska Permanent Fund in […]
Alaska distributed its yearly Permanent Fund Dividend (PFD) on October 4, 2012. The amount was disappointing, only $878—down from last year’s dividend of $1,174 and the smallest dividend since 2005. The 2012 dividend was only the second dividend in the […]
Alaska’s Permanent Fund Dividend (PFD) is volatile and uncertain reflecting the Alaskan economy, which—typical of resource-exporting regions—is subject to volatile commodity prices, fear that resource exports will soon run out, and hope that a new export boom could be about […]
On June 16, 2012, Khayelitsha, South Africa, has faced protests in favor of basic income, according to Sisi Lwandle. Khayelitsha Progressive Youth Movement and New Women’s Movement demanded basic income grant of about 2000 Rand (roughly US$240) per year, increase […]
Libya has been a classic case of the resource curse: enormous resource wealth (even on a per-person basis), but instead of prosperity, the windfall has coincided with poverty and political oppression. The new government now has the job of finding […]
The Alaska Permanent Fund (APF) ended its fiscal year on June 30, 2011 with a total value of over $40 billion. The APF is the Sovereign Wealth fund that finances Alaska’s partial basic income, known as the Permanent Fund Dividend […]
The coalition government of Mongolia is taking steps to make good on promises made in the 2008 election to introduce an Alaska-style resource dividend. Mongolia is a large, sparsely populated land-locked country sandwiched between Russian and China. About half of […]