Don Boudreaux, in a smart alecy way tries to equate oil speculators with families stocking up in anticipation of Hurricane Sandy. David Henderson adds his own two cents on the matter but to his credit asks a question about what is real speculation. The defense of speculation is classic example of misdirection. Both are notoriously guilty of this in quite a few of their posts. Though I attribute it lack of understanding of personal method rather than actual mala fide intent as Don also leans against anti-dumping duties.
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What is speculation?
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Don Boudreaux, in a smart alecy way tries to equate oil speculators with families stocking up in anticipation of Hurricane Sandy. David Henderson adds his own two cents on the matter but to his credit asks a question about what is real speculation. The defense of speculation is classic example of misdirection. Both are notoriously guilty of this in quite a few of their posts. Though I attribute it lack of understanding of personal method rather than actual mala fide intent as Don also leans against anti-dumping duties.