3 ms·
Something nobody has so far is the resource curse [1]. If you compare life in countries with and without this feature you can really feel the difference; it's l
by dcx 4y ago
Something nobody has so far is the resource curse [1]. If you compare life in countries with and without this feature you can really feel the difference; it's like a black hole that distorts the reward curve in innumerable ways. (For example, mining projects are typically huge and need lots of workers at certain skill bands, and present an easy target for government attention, which has flow-on cultural effects, etc)
[1] https://en.wikipedia.org/wiki/Resource_curse https://en.wikipedia.org/wiki/Resource_curse