News for hackers. Stuff that matters.

timiscool999

Re:Esther Dyson vs Bill Campbell: 2002 − 2012 on Monday November 21, 2011 @09:36PM (#3263802)
Maybe, but they look like two separate problems to me.

Russia's is a "resource curse": http://en.wikipedia.org/wiki/Resource_curse

Our current financial system looks more like a twist on a "rent seekers": http://en.wikipedia.org/wiki/Rent_seeking

They're kind of similar, but only because resource curse countries end up with a bunch of rent seekers and corrupt officials.