Jakarta’s Fuel-Price Gauntlet
When Indonesia’s President Susilo Bambang Yudhoyono took office in late 2004, one of the legacies bequeathed him by his predecessor …
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Greenspan’s Bubbles
Military history is written by the victors. Economic history is written, to a large extent, by central bankers. In both …
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The Fed and the Price of Rice
Rice prices have ratcheted up during the past three years. In the last year alone, they’ve more than doubled, sparking …
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Commodity Snatchers
Scary rice and oil prices have sent politicians to their bag of tricks. Not surprisingly, they have pulled out one …
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The Price of Rice
From the Middle Ages onwards, the fear of deficient harvests in England and France immediately produced pamphlets attacking hoarders and …
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Weak Dollar and US Petroleum Reserves Behind Strong Oil Price
Early this year, the price of crude oil surpassed its previous inflation-adjusted peak of $103.76 a barrel (a record established …
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