Alaska’s Universal Basic Income Doesn’t Increase Unemployment

With Alaska’s gubernatorial election coming up, Business Insider brings up a report from earlier this year which finds that the Alaska Permanent Fund Dividend — the only large-scale universal basic income program in the U.S. — doesn’t increase unemployment like many feared. An anonymous reader shares the report: The vast majority of Alaska’s roughly 740,000 citizens support the dividend, which gives virtually every citizen an annual check of about $1,000 to $2,000 (that’s $4,000 to $8,000 for a family of four), and both political parties in the state are in favor. Alaskans’ feelings about this universal cash transfer are […]

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