Or rather, don\’t imagine, just study history.
And introduce yourself to the word \”carista\”.
The shortage of labour than can exist because no one did speculate in agricultural products. Y\’know, \’coz the labourers died.
Or rather, don\’t imagine, just study history.
And introduce yourself to the word \”carista\”.
The shortage of labour than can exist because no one did speculate in agricultural products. Y\’know, \’coz the labourers died.
Good point. Without efficient price discovery, a lot of useful things will not get produced, or at least not in quantities that correspond to actual demand.
Something to read if you don’t have a healthy scepticism that speculation of foodstuffs is the best in the best of all possible worlds:
http://streetwiseprofessor.com/?p=4064