Agricultural and Applied Economics—Without Apology
As regular readers of this blog know, many of my posts are about the impacts of rising food prices and food price volatility.
As it turns out that rising food prices really do hurt some people more than others:
From an article in today’s The Globe and Mail:
“Oil prices surged today after coalition strikes on Libya, prompting concerns over what the conflict could mean to the crude market and the global economy, already touchy after the devastation in Japan.
Misleading and Mistaken Claims About Food Prices in the HuffPo
Knowing how a very small fraction of the actual price we pay for food in this country is actually due to the cost of food itself, I was intrigued by a HuffPo article this week with the somewhat sensationalist title of “Rising Food Prices Intensify Poverty, Hunger In US And World,” which began as follows: