Picture: credit to Engineers Ireland.
Steffen Hertog , Associate Professor in Comparative Politics in the Department of Government at the London School of Economics and Political Science , has published a paper in Energy Transitions (Hertog, 2017) which relates the efficiency in wealth sharing and basic income.
The paper makes the case that hydrocarbon producers with higher rents per capita make a unique category of the rent-dependent nations. Those that face specific development challenges not present in mid-rent nations.With a look into the patterns of rent distributions in high-rent countries, excessive public employment, and energy subsidies, Hertog argues that these […]
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