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Contribution to Book
The Alaska Model: A Republican Perspective
Alaska’s Permanent Fund Dividend: Examining its Suitability as a Model (2012)
  • David Casassas
  • Jurgen De Wispelaere, University of Montreal
Abstract
Since 1982, each Alaskan has received an equal share of the returns to the Alaska Permanent Fund (APF), a publicly owned investment portfolio funded by the state’s oil revenue. These returns come in the form of a Permanent Fund Dividend (PFD) allocating an annual grant of roughly $1,200 to each man, woman, and child who meets the residency requirement. In this chapter we assess the pros and cons of the Alaska model from the perspective of contemporary republicanism, an approach in political theory most famously associated with the work of Quentin Skinner and Philip Pettit. This chapter argues that for republicans to endorse exporting the Alaska model into other polities would require significantly amending the basic model as well as expanding the discussion of the PFD to include the broader policy environment within which the model is expected to operate. But expanding the parameters of the Alaska model in either of these two ways is likely to introduce further obstacles that make exporting the model considerably more difficult. While the Alaska model may be compatible with republican concerns in a weak sense, republicans ought to proceed cautiously endorsing the model in any strong sense.
Publication Date
April, 2012
Editor
Karl Widerquist and Michael Howard
Publisher
Palgrave/Macmillan
Publisher Statement
http://www.palgrave.com/products/title.aspx?pid=534267
Citation Information
David Casassas and Jurgen De Wispelaere. "The Alaska Model: A Republican Perspective" New YorkAlaska’s Permanent Fund Dividend: Examining its Suitability as a Model (2012)
Available at: http://works.bepress.com/dewispelaere/42/