Written By: Marty G - Date published: 10:52 pm, June 29th, 2010 - 33 comments
Our mineral wealth is a one-off endowment that belongs to all of us. If we let someone dig it up, it’s gone forever. We shouldn’t let our most precious environments be mined and when we do allow mining we need to get the most for it. It’s not good enough that the mining industry gets away with paying just $70 million in royalties for digging up $6 billion of minerals.
The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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