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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
August 07, 2015
India is getting some serious cash from coal. According to official estimates, the government will get nearly $250 billion in revenues over a period of 30 years from the sale of over two hundred coal blocks to private bidders. Given India’s record of corruption and mismanagement of natural res...
Blog Post
June 02, 2015
What would happen if a country that struck oil decided to share the income directly with its own citizens? That’s precisely the question that Caroline Lambert, Stephanie Majerowicz, and I try to explore in our new book Oil to Cash: Fighting the Resource Curse with Cash Transfers.
Jun
10
2015
4:00—6:00 PM
May 22, 2015
Oil to Cash: Fighting the Resource Curse with Cash Transfers proposes a radical new policy option for countries facing the daunting challenges of natural resource windfalls: citizen dividends. Authors Todd Moss, Caroline Lambert, and Stephanie Majerowicz make the case for every citizen to receive a ...
Blog Post
December 09, 2013
Donald Kaberuka, the President of the African Development Bank and the leading voice for forward-leaning economic policy on the continent, has come out publicly in favor of paying some portion of natural resource windfalls as a direct dividend to citizens. We’re pretty excited about this polic...