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Finance & Economics, Politics & World Affairs
(An excerpt from the mid-term “problem set” in ENR-302…)
3. The country of Xanadu is dependent of the use of domestically produced methanol for 100% of its energy needs. The price of methanol is set by a competitive market and the fuel is priced at $2.50 per gallon. Two large companies supply 80% of the market [...]
Filed by The Editor on February 29th, 2008
Finance & Economics, In Other Words, Politics & World Affairs
(Another interesting analysis on the trade-off between economics and security. In this case, the existence of a low-cost, high-value, recreational good with addictive/inelastic demand has produced a covert, vertically integrated, structurally dynamic supply chain in northern Mexico. Stopping it would be akin to damming a river with a cheese cloth. Without a considerable increase in [...]
Filed by The Editor on February 1st, 2008