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Friday Notebook: The New Simon-Ehrlich Teaching Story

Paul Kedrosky has cleverly turned the famous 1980 Simon-Ehrlich wager on future commodity prices into a new teaching story, recasting the old lessons from that economist’s tete a tete into a false...

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Scrap Metal Cowboys

The following is a co-post, researched and written by Paul Kedrosky and Gregor Macdonald. Schnitzer Steel of Portland, Oregon reported record revenues earlier this month. No surprise. The...

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