United States: Alaska citizen’s monthly payment means recipients work more, not less

United States: Alaska citizen’s monthly payment means recipients work more, not less

Despite endorsing a larger carbon footprint for Alaska, the Permanent Fund Dividend (PFD payment, according to a survey survey released last week, of one thousand employees), encouraged only one per cent of recipients to work less.

Perhaps the oldest, continuous, Basic Income-like social program is the Alaska PFD, going since the 1980s and currently paying every adult citizen $2,072 annually. Last year’s report indicated that PFD has kept 2-3 per cent of Alaska’s population – some 15-20,000 people – above the poverty line since 1990.

Wrote Jack Thorold in a blog for RSA (a charity which encourages the release of human […]

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