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Full-Text Articles in Arts and Humanities
Lessons Of The Alaska Dividend, Karl Widerquist
Lessons Of The Alaska Dividend, Karl Widerquist
Karl Widerquist
At a time when progressive social policies are under attack across the industrialized world, the Alaska Dividend continues to be extremely popular. It distributes a yearly dividend to every man, woman, and child in Alaska without any conditions whatsoever. It has helped Alaska maintain one of the lowest poverty rates in the United States. It has helped Alaska become the most economically equal of all 50 states. And it has helped Alaska become the only U.S. state in which equality has risen rather than fallen over the last 20 years. Certainly Alaska is doing something right. As newsletter editor for …
I Have A Basic Income, Karl Widerquist
I Have A Basic Income, Karl Widerquist
Karl Widerquist
In a period of about eight months, I managed to save and invest enough money to get myself a small personal basic income. It was easy—if you get the kind of lucky breaks I got. I’m telling you this story only because it illustrates how much our economic fortunes are determined by luck, how favorably our laws treat people who own stuff (people who have obtained control of natural resources) and how much unearned income is available for redistribution.