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EPISODE · Jan 9, 2026 · 1H

I Explain Venezuela Using Lottery Tickets

from The Political Orphanage · host Andrew Heaton

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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