Monday, May 6, 2013

The generalized resource curse

interfluidity: A useful way to understand the pickle we’re in, I think, is that we are suffering from the so-called “resource curse”. If you are unfamiliar with the phrase, “resource curse” refers to the regularity with which countries “blessed” with abundant natural resources end up as dystopian polities with dysfunctional economies. Nigeria has a lot of oil but no one wants to live there...

No comments:

Post a Comment

Reactions welcome! Please use your full name.