This commentary argues that Alaska should change the formula for calculating its yearly Permanent Fund Dividend (Alaska’s basic income) to create more stable dividend payments.
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 […]
Alaska’s basic income is cursed with interesting times. The Permanent Fund Dividend (PFD) is a small, variable basic income given yearly to every Alaskan who meets the state’s residency requirement. The size of the dividend is determined by several different factors, all of which are facing increased uncertainty and possibly moving in different directions.
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 […]
Alaska’s Permanent Fund Dividend is closer to a Basic Income than almost any other policy in the world today. The lessons of how it was created and how it became so popular and successful are extremely important to the Basic […]
The tax-and-dividend approach to global warming (which sets a price on carbon emissions, charges producers for those emissions, and redistributes the proceeds as a basic income), has been gaining ground since its endorsement by a conference on pricing carbon held […]