Remix.run Logo
mothballed 3 days ago

Nationalizing oil has been tried quite a few places with wildly variable results. In the worst case, you get Venezuela, in the best you get something like UAE where the citizens basically only have jobs if they get bored or want to play police to lord over the foreigners.

dylan604 3 days ago | parent [-]

What about Alaska?

https://en.wikipedia.org/wiki/Alaska_Permanent_Fund