Exposed by failure. Economists specializing in international development have
identified what they call the "resource curse": Contrary to
expectations, an abundance of lucrative natural resources is often
associated with poor economic performance. Although you'd think
that sitting on trillions of gallons of oil would make your ... MOREMatt Welch: The Prohibitionist Curse
Exposed by failure. Economists specializing in international development have
identified what they call the "resource curse": Contrary to
expectations, an abundance of lucrative natural resources is often
associated with poor economic performance. Although you'd think
that sitting on trillions of gallons of oil would make your ... MORE