Rhine tolls were a classic example of an economic rent, a payment that some entity is able to extract by making a cheap resource artificially scarce. In the aftermath of the latest Gulf war, there is a risk that tolls of this sort will come back
The rhinestones were never the whole story. 💎
Told in my own words and through the songs that shaped my life, DOLLY: A True Original Musical arrives in New York City this December. Fan and Capital One pre-sales begin tomorrow. Sign up here:
Water levels in the Rhine River plummeted to record lows over the weekend, threatening transport on a key shipping corridor for energy and industrial commodities across central Europe