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"Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude." Alexis de Tocqueville

"Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude." Alexis de Tocqueville

Despertar da Mente

25
Jun08

Preço do Petróleo II

Jorge A.

Ainda a propósito do preço do petróleo, dois artigos:

 

"This tells us that the rise in oil prices isn’t the result of runaway speculation; it’s the result of fundamental factors, mainly the growing difficulty of finding oil and the rapid growth of emerging economies like China. The rise in oil prices these past few years had to happen to keep demand growth from exceeding supply growth." Paul Krugman no New York Times

 

"But, much as politicians would like to blame speculators, it's just not so. For starters, there's nothing about futures or options that makes it any more attractive to bet that commodity prices will go up than to bet they'll go down. Guess wrong on the direction, and you lose money." Alan Reynolds no New York Post

 

(via: Greg Mankiw

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