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Jun
24
2021
1:30—2:45 PM Washington DC time
June 17, 2021
COVID-19 will likely reverse many of the social gains that took decades to materialize in Latin America and the Caribbean. The global pandemic is resulting in a decline in the size of the middle class and an increase in poverty in most countries, with some staggering exceptions, like Brazil, whose t...
Blog Post
March 27, 2019
ExxonMobil announced the discovery of two more massive oil fields off the coast of Guyana last month. If back-of-the-envelope estimates of around $5 billion of oil revenue per year are correct, that equates to around $6,410 USD per person—far more than the current GDP per c...
Blog Post
July 06, 2016
One of the nearest real-world examples of Oil-to-Cash is Alaska, which has paid an annual dividend to every state resident since 1982. One of the presumptive lessons drawn from Alaska’s experience has been that once a dividend was in place, political forces aligned to protect it from...
Jan
12
2016
4:00—5:30 PM
December 15, 2015
The slave trade, colonial rule and apartheid were once all legal. Hard power then won lawful authority: might literally made legal rights. The global revolutions that abolished those coercive rights were extraordinary—yet they left today’s multi-trillion trade in oil and minerals untouch...