Exporting the Alaska Model

Ayelet BanaiJason Berntsen Angela Cummine Gary Flomenhoft Christopher L. Griffin, Jr. Cliff Groh Jay HammondAlanna Hartzok Jason Hickel Paul Segal Larry Smith Hamid Tabatabai

"The Alaska Permanent Fund has reached its 30th anniversary and is one of the world's unsung innovations in social and economic policy. It offers a route to income redistribution and prompts realistic thoughts of more ambitious schemes to provide universal basic income security. This book is an important contribution to what should be a much more widespread debate about the Fund's role and potential." - Guy Standing, professor of Economic Security, University of Bath "A wide-ranging and enjoyable romp through a great deal of intellectual territory ... An excellent and long overdue examination of a significant and unique government program." - Eastern Economic Journal

• IntroductionExporting an Idea; K.Widerquist & M.Howard PART I: EXPANSION OF THE MODEL USING EXISTING FUNDS AND DIVIDENDSThe Iranian Resource Dividend; H.Tabatabai Overcoming Dividend Skepticism: Why the World's Sovereign Wealth Funds are Not Paying Dividends; A.Cummine Room for Improvement? Assessing the Strengths and Shortcomings of the Alaska Model in Advance of Export; A.Hartzok What Happens to the Permanent Fund Dividend and the Rest of Alaska's Unique Fiscal System as Oil Production Continues to Fall?; C.Groh PART II: WIDER APPLICATION OF THE MODEL Applying the Alaska model in a Resource-Poor State: The Example of Vermont; G.Flomenhoft A Worldwide Resource Dividend and its Effects on World Poverty; P.Segal Constituting the Commons: Oil and Development in Post-Independence South Sudan; J.Hickel Introduction to Chapter 9: Jay Sterner Hammond: Egalitarian philosopher, Alaska Governor; L.Smith The Ideal Solution: A Plan for Iraq?; J.Hammond A Cap on Carbon and a Basic Income:A Defensible Combination in the United States?; M.W.Howard A Permanent Endowment for the United States; K.Widerquist Exporting the Alaska Model to Alaska: How Big Could the Permanent Fund Be if the State Really Tried? And Can a Larger Fund Insulate an Oil-Exporter from the End of the Boom?; K.Widerquist PART III: A HYBRID PROPOSAL WITH COMMENTARYCitizens' Capital Accounts: A Proposal; K.Widerquist A Jubilee Tax for Citizens' Capital Accounts; M.W.Howard Widerquist on Citizens' Capital Accounts; J.Bernsten Freedom, Development and Oil: Citizens' Capital Accounts for Iraq; A.Banai Citizens' Capital Accounts: A Comment; C.L.Griffin, Jr Reply to Comments; K.Widerquist PART IV: CONCLUSIONThe Alaska Model as a Menu of Options; K.Widerquist & M.W.Howard