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http://www.awkwardutopia.com/wordpress/2008/05/the-politics-of-monetary-policy-science-part-ii/ The utopia at the end of history will be... awkward at best. Thu, 20 Nov 2008 15:29:31 +0000 http://wordpress.org/?v=2.6.2 http://www.awkwardutopia.com/wordpress/2008/05/the-politics-of-monetary-policy-science-part-ii/#comment-56528 vakenhobbes Sat, 17 May 2008 14:04:32 +0000 http://www.awkwardutopia.com/wordpress/2008/05/the-politics-of-monetary-policy-science-part-ii/#comment-56528 Also, think of where the large sources of oil can be found these days: Russia, Mexico, Venezuela, western Africa, Venezuela. Not exactly the wealthy economies (yet). High oil prices could potentially be a boon. Also, think of where the large sources of oil can be found these days: Russia, Mexico, Venezuela, western Africa, Venezuela. Not exactly the wealthy economies (yet). High oil prices could potentially be a boon.

]]> http://www.awkwardutopia.com/wordpress/2008/05/the-politics-of-monetary-policy-science-part-ii/#comment-56527 vakenhobbes Sat, 17 May 2008 14:02:51 +0000 http://www.awkwardutopia.com/wordpress/2008/05/the-politics-of-monetary-policy-science-part-ii/#comment-56527 Perhaps this is an ignorant statement, but don't lower income countries tend to have a comparative advantage in grain production, seeing as higher income countries tend to be more focused in high-tech and service industries? Thus, higher grain prices could potentially benefit these economies, even if trade liberalization leads to this food being exported. Perhaps this is an ignorant statement, but don’t lower income countries tend to have a comparative advantage in grain production, seeing as higher income countries tend to be more focused in high-tech and service industries? Thus, higher grain prices could potentially benefit these economies, even if trade liberalization leads to this food being exported.

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