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29 sats \ 2 replies \ @Undisciplined 17 Feb \ on: Are Politicians Good Stewards of Capital? (WSJ, Editorial) econ
This is a nearly perfect description of the State of Alaska, which incidentally is the only state with a sovereign wealth fund (of sorts).
but what about the dividend?! The people's fund dividend mineral shiiiiiite?!
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It's very popular, but there's a growing movement to just pay out the entire fund, because of concerns that the politicians are going to get their hands on it.
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