Warning: Blatant self-promotion ahead.
An excerpt from an article in Foreign Affairs by Chris Barrett and I on the current food crisis:
Published July 13, 2011
Category: Policy
Published July 13, 2011
Can Resource Conservation Behavior Be Induced Without Monetary Incentives?
Yes, but it depends in which way, and it may not last. From a new working paper by Paul Ferraro and Mike Price:
Published July 12, 2011
Send Money During Famines, Not Food
So says Tim Worstall in a post over at Forbes:
“The reason that food is shipped, not money, is straight old politics. For the EU, it’s easier to persuade people that the near insane excess production of the coddling of European farmers be sent of to feed the starving than it is to reform said system. In the US, purchases are made from US farmers, the shipping must be US owned and operated shipping, so there’s a good constituency militating for no change in ways.