Credit: Sean Murphy Getty Images The Alaska Permanent Fund Dividend (PFD), the yearly distribution of unconditional cash to all Alaska residents, is providing researchers with a one-of-a-kind source of information on the effect of a universal basic income (UBI) on socioeconomic well-being. The latest study shows that a $1,000 PFD reduces the probability of an Alaskan child being obese by the age of three by as much as 4.5 percentage points. That translates to about a 22 percent reduction in obesity.
Income inequality and technology-related job loss are among the concerns driving a growing interest in a UBI, but there […]
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