Mark Zuckerberg has the attention of 2 billion people, so he doesn’t really need any help from us when he wants to spread the word about something. But it’s worth pointing out that the billionaire Facebook chief is really into the idea of the government giving everyone free money—or at least giving them money back. In a Facebook post from Homer, Alaska, yesterday, Zuck pointed out that the Last Frontier has its own form of universal basic income, one that allocates oil revenue for a fund that is divided up and returned to residents. It’s called the Permanent Fund Dividend, and Zuckerberg thinks it’s a concept worth paying attention to.
“This is a novel approach to basic income in a few ways. First, it’s funded by natural resources rather than raising taxes. Second, it comes from conservative principles of smaller government, rather than progressive principles of a larger safety net. This shows basic income is a bipartisan idea.”