Encore Episode 335: When Benevolence Backfires
Words & Numbers
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The Unintended Consequences of Nationalizing the Oil Industry in Venezuela
The unintended consequence of nationalizing the oil industry in Venezuela was ultimately slavery. When a government requires that you work without compensation, that's slavery. If you have to leave with the consequences of the decision, you're much more likely to make a prudent decision. Be sure to join us next week when we talk about something interesting.
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