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Olduvai III: Catacylsm
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Which is Worse: A Busted Pipeline or a Politician with a Case of the Do-Somethings?

Which is Worse: A Busted Pipeline or a Politician with a Case of the Do-Somethings? Economists have a grumbling and cynical stereotype. This might be because even the most basic economic principles are ignored by those who should know better and vehemently denied by those who don’t. Case in point: a restricted supply of gasoline […]

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Controlling copper and silver prices

Controlling copper and silver prices There is an unwarranted assumption that market prices are always right, and represent “fair value”. In the case of commodities, particularly metals, this is not necessarily true, because regulated financial markets make it too easy for government agencies and large banks to game the system. Take the case of a […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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