What is the ‘Oil Curse’ and How It Applies to Amazon and Walmart

The “Oil Curse” or “Curse of Oil” or “Resource Curse” is the net negative outcome that is seen with any single industry that takes over a geographic area.  The central idea is that when oil is discovered in an undeveloped land, like rural Africa, the initial promise of great wealth results in rapid development and that leads to what economists call ‘externalities’.  Externalities are charges that should be calculated as part of the cost of development but instead are pushed…

How To Fix the Post Office: Alternating Day Delivery & Community Lockers

The US Postal Service lost $5.6B in 2016.  Today the Liberal Canadian Federal Government announced that it would not reinstate home delivery of mail and all of the pundits cried… on both sides (see video at the bottom of this message). It is predicted that Canada Post will be loosing $700M per year in the near future.   These types of numbers are large enough that citizens just don’t understand them but rest assured, in the end, citizens are going to…