In the context of our fragile economic recovery, the prices of food, oil and other commodities have risen again. In December of 2010, the FAO food price index reached its 2008 peak; sugar, oils and fats being among the agricultural products that most significantly increased. For instance, the price of rice rose by 127%: wheat …
Tag: Behavioral and Economic Sciences
Jul 15
Invest in the Future
If you have been paying attention to the news for the past few weeks, you know that there has been a lot of controversy surrounding the United States’ debt ceiling. Theoretically, we have a debt ceiling to control federal spending. This ceiling puts a cap on the amount of bonds the Treasury can issue. If …