Gov. Bill Walker The idea of a universal basic income — a check sent out by the government to every American, no strings attached, just for being alive — is sometimes decried as un-American, as a way for people to get money they didn’t work for.
But America contains one of the few places the policy has been tried at scale: Alaska.
The Alaska Permanent Fund is a state-owned investment fund established using oil revenues. It has, since 1982, paid out an annual dividend to every man, woman, and child living in Alaska. In 2015, with oil prices high, the dividend […]
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