I write a lot about the Basic Income Guarantee (BIG)—about its labor-market effects, its use as cushion against instability, and so. In this essay I want to explain in simple terms why I believe it is so worth talking about.
The coalition government of Mongolia is taking steps to make good on promises made in the 2008 election to introduce an Alaska-style resource dividend. Mongolia is a large, sparsely populated land-locked country sandwiched between Russian and China. About half of its citizens still live as nomadic herders. Most of the land in the country is unowned: herders can camp anywhere
Alaska’s Permanent Fund Dividend is closer to a Basic Income than almost any other policy in the world today. The lessons of how it was created and how it became so popular and successful are extremely important to the Basic Income movement. Two autobiographies available now tell different parts of the story of the Alaska Dividend. One is by Jay
[This article was originally published as part of ‘the Basic Income Guarantee Blog on USBIG.net. I reprint it here exactly as it was published then.] 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.
This essay was originally published in the USBIG NewsFlash in October 2003. A few years ago on April 1, a New York public radio station did an interview with a woman who wrote books entirely by downloading bits and pieces of other people’s writing from the internet. That interview was an April Fool’s Day joke, but as any post-modern