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.

New Debate Over the Future of the Alaska Dividend as the State Gives Tax Break to Oil Companies

The state of Alaska has given the big oil companies something they’ve spent the last several years lobbying for—an enormous tax cut. Oil companies have argued that they must have lower taxes to make it worthwhile to keep investing in … Continue reading

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Alaska: Legislature Create Jay Hammond Day Honoring the Father of the Alaska Dividend (Alaska’s Basic Income)

According to the Associated Press, the Alaska Legislature approved a measure to designate July 21 as Jay Hammond Day. As governor of Alaska from 1974 to 1982, Jay Hammond was instrumental in the creation of the Alaska Permanent Fund in … Continue reading

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ALASKA: Permanent Fund Hits New High and its Dividend Hits New Low

The Alaska Permanent Fund (APF) has reached an all-time in a year in which Alaska’s Permanent Fund Dividend (PFD) will probably reach its lowest level since 1987. The PDF is Alaska’s small, variable, yearly basic income. It’s financed by the … Continue reading

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Six Lesson from the Alaska Model

Basic income, or something very close to it, exists today in Alaska. It’s called the Permanent Fund Dividend (PFD) or sometimes “the Alaska Dividend.” The PFD has been paying annual dividends to Alaskans since 1982 with no conditions except citizenship, … Continue reading

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Permanent Fund Improves Performance

The Alaska Permanent Fund has increased by more than 7% in the first six months of its fiscal year, which runs from July to July. The fund is the financial base for Alaska’s Permanent Fund Divided, a small and variable … Continue reading

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