…commodity.” Ghana’s reaction no doubt surprised oil-starved observers in developed countries, but the Ghanaian officials were referring to the “resource curse” that has wreaked havoc in other resource-rich, developing countries….
Photo: John Foxx Accepted wisdom generally holds that the presence of natural resources in a developing country is bad news, a so-called “natural resource curse.” This view began to emerge…
The Norwegian government parleys massive oil wealth into huge subsidies for electric cars. Is that carbon laundering or just pragmatic environmentalism?
Trump says it would destroy us. Biden needs the voters who support it (especially the Bernie voters). The majority of millennials would like it to replace capitalism. But what is…
Trump says it would destroy us. Sanders says it will save us. The majority of millennials would like it to replace capitalism. But what is “it”? We bring in the…
Resource-rich developing countries have long struggled to overcome the “resource curse,” which includes a strong streak of corruption, but now they’re getting a little help from the SEC. Here‘s Jeff…
Probably not. The economist Kelly Shue argues that E.S.G. investing just gives more money to firms that are already green while depriving polluting firms of the financing they need to…
