My presentation will be quite different from the others you will hear at this forum. To attend a conference concerning the commodity in order to launch a polemic against the very existence of the ...

Two of the most commonly accepted theories for the origin of money are the commodity theory and the chartalist theory. Both have drawbacks, but in recent years, the chartalist theory has gained much ...

Commodity markets are integral to the global economy. Understanding what drives developments of these markets is critical to the design of policy frameworks that facilitate the economic objectives of ...

Commodity prices are very persistent. During booms we seem to forget that they have always (yes, always) been followed by busts (see Figure 1). And during a slump we forget that a boom is surely going ...

Sydney: Russian economist Nikolai Kondratiev argued in the 1920s that commodities move in 50- to 60-year cycles. His analysis suggested prices would rise early this century. They did. Now investors ...