Justin Fox, Columnist

Avoiding the Resource Curse

Sharing the wealth could help countries like the U.S. bypass Venezuela's tragic fate.

August 1, 2017 at 9:21 AM EDT

Justin Fox is a Bloomberg Opinion columnist covering business, economics and other topics involving charts. A former editorial director of the Harvard Business Review, he is author of “The Myth of the Rational Market.”

Plenty isn't always good news.
Photographer: Spencer Platt/Getty Images

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This seems like as good a week as any to revisit the resource curse, the notion that nations with outsized natural-resource endowments are more likely to falter than succeed.

QuickTake The Resource Curse

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE