I was worried that my defense of speculation in the oil market, published this week on ForeignAffairs.com, was late to the game, but my timing turned out to be right on. Just yesterday, an op-ed appe…

Though shifts in demand and reduced production by some major producers have influenced oil prices, investor behavior is also increasing market volatility.

Daniel Ahn wrote a post here last Friday voicing strong disappointment with President Obama’s big energy speech. Here’s the core of his argument: “President Obama’s speech on energy given Wednesday …

I started reading Dani Rodrik’s engaging new book, The Globalization Paradox, last week. Rodrik makes his core point early and often: Too many policymakers and economists assume that markets and gove…