The Alaska Permanent Fund, feat. Sen. Bill Wielechowski

It's easy to forget that one U.S. state administers a universal cash dividend and has for over thirty years. Alaska came into a windfall from leasing its oil lands in the late seventies and early eighties, and made the bold decision to invest the revenue in a sovereign wealth fund, which provides cash dividends to every Alaskan on an annual basis. Alaska State Sen. Bill Wielechowski joins the podcast to discuss the past, present and future of the Alaska Permanent Fund, and if it could be a model for the entire country.