Now fertilizer prices and companies are on a similar tear, to oil? That boosted oil company profits and market cap? Yes. What will this do to food prices? Is it real scarcity that is driving this or merely human psychology? The fear of scarcity? Fear is becoming the main force in the market, for everything. Even greed gives way to fear.   more »

A great commentary on exactly why CBA should never rule environmental policy decisions. I still am fond of breaking down this analysis to family economics though. To fight the corporate economist mud hole of CBA justification for feudal corporate rule of planet earth, why not try to use CBA itself?   more »

That's a constant theme lately, it seems to lead to a vision of a culture thrown back into the pre-techno times of horses and endless human labor. But we really need to moderate the pessimism.   more »