Alaska’s Permanent Fund Dividend

1. Front Matter

   Pages i-xvii

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2. Introduction

   1. Front Matter

      Pages 1-1

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   2. Introduction: Success in Alaska

      • Karl Widerquist, Michael W. Howard

      Pages 3-11

3. The History, Economics, and Politics of the Alaska Model

   1. Front Matter

      Pages 13-13

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   2. The Improbable but True Story of How the Alaska Permanent Fund and the Alaska Permanent Fund Dividend Came to Be

      • Cliff Groh, Gregg Erickson

      Pages 15-39

   3. How the APF and the PFD Operate: The Peculiar Mechanics of Alaska’s State Finances

      • Gregg Erickson, Cliff Groh

      Pages 41-48

   4. The Economic and Social Impacts of the Permanent Fund Dividend on Alaska

      • Scott Goldsmith

      Pages 49-63

   5. Politics, the Preservation of Natural Resource Wealth, and the Funding of a Basic Income Guarantee

      • James B. Bryan, Sarah Lamarche Castillo

      Pages 65-83

   6. Risk and the Alaska Permanent Fund Dividend

      • Michael A. Lewis

      Pages 85-98

   7. Permanent Perhaps: Challenges to the Model in Alaska in Its First 30 Years

      • Gregg Erickson, Cliff Groh

      Pages 99-114

   8. Critical Reflections on the Future of Alaska’s Permanent Fund and Dividend

      • Karl Widerquist, Michael W. Howard

      Pages 115-119

4. The Ethics of the Alaska Model

   1. Front Matter

      Pages 121-121

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   2. Left-Libertarianism and the Resource Dividend

      • Ian Carter

      Pages 123-139

   3. Basic Income and the Alaska Model: Limits of the Resource Dividend Model for the Implementation of an Unconditional Basic Income

      • Almaz Zelleke

      Pages 141-155

   4. Stakeholding through the Permanent Fund Dividend: Fitting Practice to Theory

      • Christopher L. Griffin Jr.

      Pages 157-168

   5. The Alaska Model: A Republican Perspective

      • David Casassas, Jurgen De Wispelaere

      Pages 169-188

   6. Climate Change, Complicity, and Compensation

      • Stephen Winter

      Pages 189-204

   7. Why Link Basic Income to Resource Taxation?

      • Michael W. Howard, Karl Widerquist

      Pages 205-218

5. Conclusion

   1. Front Matter

      Pages 219-219

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   2. Conclusion: Lessons from the Alaska Model

      • Karl Widerquist, Michael W. Howard

      Pages 221-227

Contributors discuss the Alaska Permanent Fund (APF) and Permanent Fund Dividend (PFD) as a model both for resource policy and for social policy. This book explores whether other states, nations, or regions would benefit from an Alaskan-style dividend. The book also looks at possible ways that the model might be altered and improved.

• climate change
• economics
• ethics
• finance
• funding
• mechanics
• social policy
• success
• taxation

"Few income distribution mechanisms are as strikingly original or widely discussed as the Alaska Permanent Fund Dividend. Written by first-rate experts, this volume offers the first comprehensive overview of its history, operation, achievements, and limits. This book could not have been more timely, as new tax-and-transfer models are being considered, tried, and discussed throughout the world." - Yannick Vanderborght, professor of Political Science, Facultes Saint-Louis Brussels & Louvain University, Belgium

"A wide-ranging and enjoyable romp through a great deal of intellectual territory . . . An excellent and long overdue examination of a significant and unique government program." - Eastern Economic Journal

Karl Widerquist is Associate Professor at the Georgetown University School of Foreign Service in Qatar. He holds two doctorates—one in Political Theory from Oxford University (2006) and one in Economics from the City University of New York (1996). He is coauthor of Economics for Social Workers, coeditor of The Ethics and Economics of the Basic Income Guarantee, coeditor of Alaska's Permanent Fund Dividend: Assessing its Suitability as a Model (Palgrave Macmillan), and coeditor of Exporting the Alaska Model: Adapting the Permanent Fund Dividend for Reform around the World (Palgrave Macmillan). He is a founding editor of the journal Basic Income Studies and has published scholarly articles on economics, politics, and philosophy in journals such as Political Studies, Utilitas, Eastern Economic Journal, Politics and Society, and Politics, Philosophy, and Economics.

Policies and ethics