Alaska's Permanent Fund Dividend: Economic and Social Impact

There is growing interest in the idea of giving every member of society a Basic Income, as a way of tackling extreme poverty and the loss of jobs caused by automation. Pilot projects have been seen across the world - from India to Finland and Namibia to Canada - and there is talk of a one possibly happening here in the UK, in the city of Hull. So, attention is being paid to the Alaskan model. The Arctic American state has been paying out an annual dividend to every one of its permanent residents - man, woman and child - for almost 40 years.