I spent three-plus hours yesterday at the Victoria and Albert Museum, a monument to Victorian intellectual omnivorousness (and the grandeur of the Empire, of course). Most of this time I spent only in the ceramics and pottery galleries. The evolution of ceramics uses, decoration, themes and techniques illustrates and parallels economic growth more broadly. The … More The History of Economic Growth Through Ceramics, a Story … More The History of Economic Growth Through Ceramics, a Story
An interesting story on the political dynamics of OPEC from today’s (sorry, no specific link, I am reading the print version). At the upcoming meeting in Vienna, OPEC is expected to choose Alvaro Silva, Venezuela’s current energy minister, as secretary general. The current secretary general, Ali Rodriguez, is Venezuelan, and Silva will serve out the … More OPEC and Venezuela … More OPEC and Venezuela
According to this Associated Press story and this Reuters story, a California Senate investigation has found email evidence that the Los Angeles Department of Water and Power, the largest municipal utility in the country, may have engaged in some of the same trading practices that have been called “market manipulation” when performed by independent generators. … More Munis Involved in Market Manipulation? … More Munis Involved in Market Manipulation?