On January 1st, California’s Proposition 2 and Assembly Bill 1437 related to egg production go into effect. The regulations mandate that egg-laying hens be given adequate space to lie down, stand up, extend their wings, and turn around. 116 square inches—the approximate footprint of a...

I’ve received dozens of inquiries about the Asian Financial Crisis and its relevance to current market volatility, especially given recent Russian developments.  As a result of this interest, John Wiley & Sons has graciously released an electronic copy of my chapter about the 1997-1998 crisis. ...

Very few asset markets have escaped the recent oil price plunge unscathed. The African growth story now seems suspect and countries such as Russia and Venezuela appear on the verge of economic collapse (see my October piece “Saudi Sows Budget Busts” HERE). Is it possible...

A mere ten years ago, very few professionals paid meaningful attention to energy’s fringy folks fiddling with hydraulic fracking technologies. It’s too bad more of us didn’t, because the US energy renaissance unleashed by the fracking revolution has had global ramifications that continue to be...

For decades, Florida was the undisputed citrus capital of the world. The state’s groves produced copious amounts of orange juice. At one point, more than 75% of American refrigerators contained orange juice (click HERE). Florida orange juice was marked as “liquid sunshine” and was to...

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