Money Manager Capitalism and the Commodities Market Bubble

Many economists, journalists, and public policy officials have argued that speculation has had little to do with the recent rapid run-up in the price of oil. If true, a case for regulation of oil markets would be more difficult to make. But the author examines the evidence in detail and finds it highly plausible that speculation is a significant contributor to recent high oil prices.

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Year of publication:	2008
Authors:	Wray, L. Randall
Published in:	Challenge. - M.E. Sharpe, Inc., ISSN 0577-5132. - Vol. 51.2008, 6, p. 52-80
Publisher:	M.E. Sharpe, Inc.

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005543859