It’s (I think) misleading to characterize the AK permanent fund dividend as UBI, even if only because many people perceive UBI conceptually as meeting basic needs. $1500 a year pre-tax (give or take) isn’t much at all. At best it’s a less-than-adequate COLA even in the most developed towns. Presently, the statutory amount is occasionally hitting double that but somehow the state has contrived to skim it for the budget shortfalls. However, many Alaskans think it preferable to garnish the dividend payout before seeing a state-level income or sales tax implemented. As the resource development moves overseas, the economy in AK will only shrink and these choices will become more difficult, ultimately ending in worst of both worlds (no dividend and new taxes).

Any idea or any studies on how that (the UBI) is working out?