Yearly Archives: 2011

ALASKA makes thirtieth annual dividend payment

Alaska paid its 30th annual Permanent Fund Dividend (PFD) this October. The PFD is Alaska’s small and irregularly sized Basic Income. It has been paid to all citizens who meet the residency requirement since 1982. This year’s payment of $1174 … Continue reading

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CNN editorial proposes “Alaska solution” for Libya’s resource curse

Libya has been a classic case of the resource curse: enormous resource wealth (even on a per-person basis), but instead of prosperity, the windfall has coincided with poverty and political oppression. The new government now has the job of finding … Continue reading

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2011 Dividends safe but the APF is riding a financial roller coaster

The Alaska Permanent Fund (APF) ended its fiscal year on June 30, 2011 with a total value of over $40 billion. The APF is the Sovereign Wealth fund that finances Alaska’s partial basic income, known as the Permanent Fund Dividend … Continue reading

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ALASKA PERMANENT FUND CONTINUES TO RECOVER WHILE THE FUTURE OF ALASKA’S OIL INDUSTRY REMAINS UNCERTAIN

The Alaska Permanent Fund (which finances the Alaska Dividend) gained 3.5% in the first quarter of 2011. This increase follows on a 14.5% over the last two quarters of 2010. Its current balance (according to the Alaska Permanent Fund Corporation) is $40.5 billion, very close to its all-time high in 2007. Mangers credit the recovery mostly to the recovery of the U.S. stock market. These gains will indirectly lead to higher dividends in the future. Continue reading

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A Day-Long Discussion of “the Alaska Model” at the University of Alaska-Anchorage

On April 22, 2011, I had the privilege of attending a conference at the University of Alaska-Anchorage discussing the book, Exporting the Alaska Model: How the Permanent Fund Dividend Can Be Adapted as Model for Reform Around the World. The … Continue reading

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