Throughout history, there has been a raging debate between the Malthusian and Simonian approaches to managing scarce resources. British economist and demographer Thomas Malthus famously foresaw famine and social upheaval in the early 19th century when he asserted that...
Crude Realities: Unpacking the Oil Price Puzzle The latest rise has sent the price of Brent oil back up to over $94 per barrel for the first time in almost a year. Meanwhile, the cost of a barrel of American crude has been steadily heading towards a major threshold of...
From Boomers to Zoomers; How demographics drive commodity trends After WWII, Western birth rates skyrocketed, which had far-reaching effects on the worldwide demand for commodities. The birth rate skyrocketed when returning troops started having children, and the size...
From Barter to Blockchain: A Journey Through Commodities and Economies Humanity has a “propensity to truck, barter, and exchange one thing for another,” as Adam Smith memorably put it in The Wealth of Nations. Smith made the observation that the ability to...
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