Thursday, August 28, 2008

Speculators at the Pump

Economist Thomas Palley has a great article about speculators and their impact on oil prices. He argues that there is strong evidence that speculation is driving up prices, and therefore, "policymakers must act to rein in behavior that has imposed huge and needless costs on the global economy."

As many of you already know, I totally agree with this view.

You can find this article, along with other great articles, on his blog (, or just click on the link below to read:

No comments: