I Explain Venezuela Using Lottery Tickets

Episode 608 of the The Political Orphanage podcast, hosted by Andrew Heaton, titled "I Explain Venezuela Using Lottery Tickets" was published on January 9, 2026 and runs 60 minutes.

January 9, 2026 ·60m · The Political Orphanage

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Episode Description

How did Venezuela become an economic basket case? Not socialism. Or capitalism. Venezuela is a textbook example of a petrostate in the thrall of the Paradox of Plenty, or "the Dutch Disease."

Bonus: Norway's Big Bucket of Oil Money

https://www.thepoliticalorphanage.com/p/bonus-norways-big-bucket-of-oil-money

Why Trump Wants Greenland

https://www.thepoliticalorphanage.com/p/why-trump-wants-greenland

What Happens when the Ayotallah Falls

https://podcasts.apple.com/us/podcast/what-happens-when-the-ayatollah-falls/id1439837349?i=1000724729486

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