Alaska Has an Investment Return Paradox

Posted on October 14, 2019November 17, 2020 by Ed King

Over the last five years, Alaska has pivoted from being a Petro-state to a Trust Fund kid. Thanks to years of saving and re-investing a quarter of our oil royalties, we now have over $66 billion in the bank. And, those billions of dollars go to work every day, bringing billions of friends home to[…]

The Alaskan Case of Dutch Disease

Posted on August 17, 2017November 17, 2020 by Ed King

We all dream about what we would do if a couple million dollars fell into our laps. It turns out, most of those stories don’t work out the way we would think. Lottery winners don’t always make the best decisions. Instead, they buy luxurious houses and cars, and go on exotic vacations. Before long, all[…]