Wohlforth provides a historical and current look at the Alaska Permanent Fund and all of the advantages it has brought to Alaska. Wohlforth talks through Governor Jay Hammond’s initial decision to enact the Permanent Fund Dividend and highlights how the dividend has helped Alaska achieve the lowest income inequality level in the United States. While some politicians have tried to repeal the dividend, Wohlforth references the massive political backlash that unfolded when such politicians tried to go after the sacred cow in Alaskan politics. Overall, Wohlforth’s article provides a thorough understanding of Alaska’s Permanent Fund Dividend that acts as a basic income.
Charles Wohlforth, “Alaska’s dividends help make us equal and protect our common wealth”