How Greedy Speculators Control Commodity Prices
One feature of the extraordinary year that has ended was the extreme volatility of global commodity markets. Because economic analysts have become so short-sighted, each of these rapid movements has been over-interpreted as reflecting structural changes in global demand and supply rather than conjunctural forces that are liable to change.
Housing Crisis Pushes Up Homelessness
Every Christmas season a large electric star visible for miles is illuminated on a mountainside overlooking Bethlehem, Pa., to commemorate the time the holy family of Christianity took refuge in a manger on the night of Christ’s birth.
