History on the Run is a blog dedicated to the past's impact on today. History, foreign policy, economics, and more will be blended up weekly for a spin on today's events or a simply rethinking of our common past. Beyond that this is the blog of the podcast and here can be found the scripts from the shows. The blog will probably be more political than the podcast and will not focus so much on the historical narrative.

The podcast is available on Itunes and is called History on the Run

You may also listen to it here: http://historyontherun.libsyn.com/webpage

A list of all transcripts from the podcast is available here: https://sites.google.com/site/historyontherun/

Friday, June 7, 2013

Oil is a Global Market, People don't "Win" these things.

In a newish story by the NYT, the story revolves around China being the biggest winner in the Iraq War. What they ignore is the fact that the oil market is a GLOBAL market. If Iraq wasn't providing China this oil, they would get the oil somewhere else, and compete with others for higher prices. In reality, more oil means cheaper oil, and cheaper oil means a win for most......maybe not those who get pollution....but most. As long as China can't get in a position to choke off oil to the USA through embargoes, I think we're fine. Jon Stewart also has an interesting opinion on the issue, but ultimately ignores the point just as much.
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1 comment:

  1. GregAugust 27, 2013 at 9:29 PM

    Yep. And, markets are great things where people voluntarily come together to make exchanges that both sides view as favorable to both.

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