Peter Calcagno is an Associate Professor of Economics at the College of Charleston. He earned his B.S. in Economics and History from Hillsdale College and Ph.D. in Economics from Auburn University. Professor Calcagno has previously worked at Wingate University, Jacksonville State University, and Georgia State University. He is particularly interested in Public Choice Economics, and Political Economy. In 2008 he received the School of Business and Economics Distinguished Teaching Award.
John Carney offers an interesting point of view on the Austrian cycle theory at CNBC. I corresponded with him on this and he is more correct than he seems to be on first read.
Palladium prices are up 74% this year and platinum is up a couple hundred bucks an ounce from a year ago. So Catalytic converter thefts are on the rise.
“It takes about five minutes and you make 100 bucks,” said Det. Tim Yancey with the Henry County (Georgia) Police Department. Thieves slide under the car, make two cuts with a battery-powered saw and roll away with platinum and Palladium in hand.
Agora Financial’s “5 minute Forecast” surveyed recent news items and found,
Five thefts this month in the Chicago suburb of Oak Park
