Alaska residents cash in on dividend: "It's the season for Alaskans to be rewarded just for living here and this year's take is extra sweet: $3,269, a record share of the state's oil wealth combined with a special cash payout to help with stratospheric energy prices."You know, the Alaska oil payments sound an awful lot like my guaranteed income plan. (Give everybody a couple hundred bucks every month so they don't starve.)
Most arguments against my idea of just giving everybody money don't center around the cost being prohibitive (because it's not). Rather, they're usually framed in terms of market distortionary effects — "Lazy fuckers won't go to work" sort of arguments.
But Alaska, despite giving each of its citizens thousands of dollars a year, seems to have a functioning market economy.
Despite being a Socialist Hellhole.
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