Communism’s Coming — The US is considering a sovereign wealth fund. Alaska already has one, and it’s funding a universal basic income.
Bipartisan support is growing for a US sovereign wealth fund. The Alaska Permanent Fund, which distributes money to Alaska residents annually, could be a model. Challenges include funding sources, legislative hurdles, and state-owned natural resources. Bipartisan momentum is building around a sovereign wealth fund that could help the United States …