Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

29 June 2009

Bolivian Wealth

Knowledge@Wharton

Knowledge@Wharton recently published this short, interesting piece about Bolivia's tremendous natural wealth. First, the Spanish dug deep into the Andes for the country's rich silver veins; later, in the early days of independence, tin, copper, and guano came to the fore. Now, we hear much chatter about natural gas, the rain forest, and..... lithium.

Straight out of the latest James Bond in some ways... Let's hope that Morales manages this a bit more sensibly--it would be admirable to demand factories and training for lithium battery production on Bolivian soil now that we stand on the doorstep of the electric car era.

23 April 2009

Tit for Tat Trade Wars

One of my favorite business blogs, the Procurement-centric Spend Matters has a short piece on retaliatory tariffs today that they originally picked up from The Chicago Tribute. Seems like the Obama camp is jumping on board with some of Bush's final actions in office and expanding the retaliatory tariffs aimed at Europe over bans on US beef imports.

As background, the US is taking a stab at Europe for banning our hormone-laden beef by tripling import duties on such delicacies as much-loved Roquefort cheese. And now, the news comes through that Italian mineral waters, like my beloved San Pellegrino, are also targeted. While hardly a national tragedy, this is a serious punch in the gut for gourmands across the country and smacks of small-minded, catty politics. Let's hope we are able to move past this silliness and resume a normal flow of free trade quickly.

SpendMatters: Lose Lose -- Italian Mineral Water vs. U.S. Beef?

24 November 2008

Debating the Bailout

Paul Krugman's Bailout Dissent - Media Column - Howell Raines - Portfolio.com

An interesting piece from Portfolio that looks at Krugman's prescience in arguing for real nationalization through the treasury's acquisition of equity stakes in struggling institutions. Makes a LOT more sense to me than much of the activity in the last 2 months. It worked in Sweden once before, as well as elsewhere.

Epic Saga

FT.com / Weekend / Reportage - Letter from Iceland

An informative, heart-wrenching article about the fallout from the global financial crisis in Iceland. In small economies around the globe, this is what all these headlines really translate to.

05 March 2008

Reality

SpendMatters: America: Raising Those Free Trade Walls

Thank you, Jason Burch, for your usual clarity of thought.