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.

but what about the dividend?! The _people's fund dividend mineral shiiiiiite_?!

denlillaapan

take resources from the private economy, fund political boondoggles, and mess with the business decisions of private companies.

This is a nearly perfect description of the State of Alaska, which incidentally is the only state with a sovereign wealth fund (of sorts).

econ

Are Politicians Good Stewards of Capital? (WSJ, Editorial)

>  take resources from the private economy, fund political boondoggles, and mess with the business decisions of private companies.

This is a nearly perfect description of the State of Alaska, which incidentally is the only state with a sovereign wealth fund (of sorts). 