Author Archives: Karl Widerquist

About Karl Widerquist

Karl Widerquist is a Visiting Associate Professor at Georgetown University School of Foreign Service in Qatar. He holds a Ph.D. in Political Theory from Oxford University and a Ph.D. in Economics from the City University of New York. He is coauthor of Economics for Social Workers and coeditor of the Ethics and Economics of the Basic Income Guarantee. He has contributed to journals such as Politics, Philosophy, and Economics; Political Studies; and the Eastern Economic Journal.

Alaska’s Budget Deficit is Political Threat to its Basic Income

Alaska’s Permanent Fund Dividend is the closest thing to a Basic Income that exists in the world today. It gives every U.S. Citizen who fills out a form verifying Alaska residency a check for a share of the revenue from … Continue reading

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Drop in Oil Prices Causes Concern for the Future of Alaska’s Permanent Fund Dividend

The recent drop in oil prices has had a devastating effect on the Alaska state government’s budget, most of which is derived directly or indirectly from current oil revenues. Alaska’s Permanent Fund Dividend (or PFD—Alaska’s small basic income) is not … Continue reading

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ALASKA, USA: The Alaska Permanent Fund recovers from the financial crisis as worries continue about future revenues

On October 3, 2013, most Alaskans received their yearly dividend check—Alaska’s small, nearly unconditional, and nearly universal basic income. This year the dividend was $900, up slightly from last year’s dividend of $878, but still far below the level dividends … Continue reading

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Future of the Alaska Dividend in the balance during oil tax fight

The future of Alaska’s small basic income guarantee, the Alaska Dividend, is in the background while a fight is going on over the state’s oil tax policy. The Alaska Dividend is a small basic income guarantee financed out of the … Continue reading

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Six Lessons from the Alaska Model for Progressive Politics

Basic income is a regular unconditional cash grant paid to all citizens without any means test or work requirement. It’s often dismissed as a utopian idea. However, a basic income, or something very close to it, exists today in Alaska. … Continue reading

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