Nobody trusts the institutions that would run the check. Dalton Conley tells Jerremy Alexander Newsome and Dave a sovereign wealth fund modeled on Alaska's Permanent Fund — structured like the Federal Reserve — might be the only design that survives politics. When Alaskans get bigger checks, they go to the dentist more, and missing teeth is one of the most stigmatizing outcomes in American life. Two siblings raised in the same house can have wildly different health outcomes based entirely on which genetic hand they drew.

• (00:00) Who runs the check – when every institution's credibility is already gone
• (00:12) The military – might be the last institution Americans actually trust
• (02:51) Sovereign wealth fund – structured like the Fed, owned by every citizen
• (05:51) Alaska's Permanent Fund – everyone gets one share, no means testing
• (05:55) Bigger checks, more dentist visits – that's actually what the data shows
• (07:20) Going to the doctor – notoriously hard to link to better health
• (09:14) Genes aren't destiny – but only if the environment cooperates
• (09:45) Mexico's PROGRESA – cash with strings outperforms no-conditions transfers
• (12:00) Epigenetic age clocks – measuring exactly how fast you're aging
• (15:31) Same house, different outcomes – inequality lives inside families, not between them
• (19:18) Education policy – 10,000 local boards and zero national standards

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