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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...
Blog Post
October 06, 2015
I’m pleased to announce that we are launching a new research program focused on the economics of improving women’s lives and well-being. Our aim is to bring the best economics research to identify specific actions that can advance gender equality, from fostering women’s involvement...