Alaskans wait in line to sign up for their share of the state’s oil revenues from the Alaska Permanent Fund. The annual payout — $1,606 per person this year — can provide clues about the pros and cons of a universal basic income. Most everyone who has lived in Alaska for a year or more just got $1,606 , no strings attached.
The annual giveaway shares the Arctic state’s oil revenues with its residents. But Alaska’s program, now in its 38th year, is also providing valuable data for research into universal basic income, or UBI — an idea gaining traction […]
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