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THE SET-UP: The term “resource curse” refers to “a paradoxical situation in which a country underperforms economically, despite being home to valuable natural resources.” Venezuela’s oil is a good textbook example of the resource curse. The...
THE SET-UP: Externalities are “costs or benefits caused by an economic actor that is not suffered or enjoyed by that same actor.”
THE SET-UP: The Christian Broadcasting Network is worried about a troubling new take on their man in the White House. Here’s how their news division headlined a February 27, 2025 story on CBN News’s website:
This week’s Odds & Ends focus on our collective past … which I hope offers some respite from this last week’s bleak preview of our collective future. - jp
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