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> residents of Alaska Probably a bad example to bring up. The Alaska fund distributions amount to roughly ~$1.5k a year. Not quite the same as a pension or UB
by wgerard 9y ago
> residents of Alaska
Probably a bad example to bring up.
The Alaska fund distributions amount to roughly ~$1.5k a year. Not quite the same as a pension or UBI. I'll probably get egg on my face for saying this, but I highly doubt anyone in Alaska lives solely on fund distributions.
Further, as noted [1], the "dividend had no effect on employment, and increased part-time work by 1.8 percentage points (17 percent)... our results suggest that a universal and permanent cash transfer does not significantly decrease aggregate employment."
1: http://www.nber.org/papers/w24312.pdf http://www.nber.org/papers/w24312.pdf
- mrep 9y agoOne of my intern friends a few years ago was from Alaska. He said all that money practically goes towards heating because it gets so freaking cold in the winter.