http://money.msn.com/exchange-traded-fund/latest.aspx?post=1dc008c1-6cac-46aa-8329-16d60718784c&_nwpt=1 I have been doing general reading on libertarianism and austrian economic theory for the past year but there are some aspects of austrian economic theory that escape me. The above article contend…

Speculators are a normal part of the market, but always seem to get blamed for rising prices. Mostly because people don’t understand what a price is. If speculators are bidding up the price of gas or oil, etc., it’s because they expect these things to be worth more in the future. Hend what they’re …

A free market oriented persion would follow Bastiat’s advice and examine not only what is seen: Increase activity in ETFs, but also attempt to examine what is unseen:Where central bank money seems to be going after it is created and given to large banking institutions. Yes there is something left o…

Well, since we’re continuing the discussion here… Speculation The Social Function of Stock Speculators The Social Function of Futures Markets The Role Of Speculation & Governments In High Oil Price The Market Works Just in Time Speculators are Part of the Market Correcting someone who says oi…

Alex K, What do speculators try to do? They try to buy when prices are low and sell when prices are high. In other words, they buy when supply is high and/or demand is low, and sell when supply is low and/or demand is high. So if prices are rising because of speculators, then that’s because people …

Chapter 22 of Defending the Undefendible, by Walter Block , is about that great savior of society, the speculator.

I’ve got a question about futures contracts and hope someone here has direct knowledge. If I buy a futures contract for delivery in, say, Jul 2014, does the underliying commodity actually get produced now and stored for 3 years? For example, does corn really sit in a silo somewhere and rot for that …

What would the austrian respone be to an article like this concerning rising gas prices?

Economics Economics Questions

John_James April 19, 2011, 11:46am 2

Discussion started on this exact article here.

Topic		Replies	Views
Does speculation raise gas prices? Economics Questions	7	2611	April 24, 2012
whats driving the price of gas? Economics Questions	7	2165	June 1, 2008
Is Block wrong about speculators? Economics Questions	5	1205	June 24, 2010
Damn the free market for raising gas prices! Economics Questions	5	3289	April 13, 2011
gas prices, help me fight the liberals at work Current Events	14	4520	March 10, 2012

What would the austrian respone be to an article like this concerning rising gas prices?

Related topics