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Articles on speculation

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Rosewood, the name for several endangered tree species that make beautiful furniture, being loaded in Madagascar. Pierre-Yves Babelon/Shutterstock

Restricting trade in endangered species can backfire, triggering market booms

For decades nations have worked to curb international sales of endangered plants and animals. But in countries like China, with high demand and speculative investors, that strategy fuels bidding wars.
Trading floors like this one – at the old American Stock Exchange in the 1980s – are at the heart of capitalism and financial speculation. David Foster/Flickr via CC BY-ND

Financial speculation: the good, the bad and the parasitic

The word “speculation” carries a connotation of negativity. And it’s probably fair to say that pretty much every financial crisis since the tulip mania of the 1630s can be attributed to some sort of mass…

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