RAHweh wrote...
Hint: prices are *discovered*, bunky. Not calculated with models.
Well, kinda. Let's just say there's a sort of Platonic price floating around out there, and the activities of local politicalities can cause temporary displacements from that price. But, this displacement will of necessity cause short-term tensions and stresses until the displacement is resolved. Arguably, any political attempt to fix the price--even the "correct" price, is like trying to stop a pendulum by tying it to another pendulum. On the other hand, there are rare cases were political action (or the absence of it) impacts the short-term course of events. For instance, does it matter that Kodos brought us into Iraq but that Kang would not have? In the long run probably not but in the short run definitely. (Or at least if you were suckered into sending your kids to fight.) -TD