In 1948, Winston Churchill stood before the House of Commons and paraphrased George Santayana with these now famous words: “Those who fail to learn from history are doomed to repeat it.” Over our next few posts we are heeding Churchill’s warning, and taking a lesson from the history of commodities.
In the first few years of the 19th century, the Napoleonic Wars were being waged across Europe as the United States was pulled into its own conflict with Great Britain. Ludwig Van Beethoven was busy composing some of his most treasured works. In the 18 years between. . .
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