by Michael Leppert | Jun 18, 2025 | Politics/Government
A quarter century ago, as a young bureaucrat, I had a disagreement with my bosses. Energy commodities markets were going through an historic price spike, and my agency set the final rates customers would pay. I wanted rates to mirror the market to send “price signals”...
by Michael Leppert | May 29, 2025 | Politics/Government
In the 1983 classic film, “Trading Places,” Louis Winthorpe III and Billy Ray Valentine are victims of a scientific experiment that is thrust upon them by the elite bosses of a Philadelphia commodities brokerage. Winthorpe is a young, snobby broker at the firm, with...
