On Rice and Corn Laws
As everyone knows, food prices have ratcheted up dramatically in the past few years. The accompanying food price chart, which …
Read MoreJakarta’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 …
Read MoreGreenspan’s Bubbles
Military history is written by the victors. Economic history is written, to a large extent, by central bankers. In both …
Read MoreThe 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 …
Read MoreCommodity Snatchers
Scary rice and oil prices have sent politicians to their bag of tricks. Not surprisingly, they have pulled out one …
Read MoreThe Price of Rice
From the Middle Ages onwards, the fear of deficient harvests in England and France immediately produced pamphlets attacking hoarders and …
Read More