{"id":700,"date":"2011-02-07T15:51:51","date_gmt":"2011-02-07T20:51:51","guid":{"rendered":"http:\/\/marcfbellemare.com\/wordpress\/?p=700"},"modified":"2011-02-06T17:55:27","modified_gmt":"2011-02-06T22:55:27","slug":"krugman-on-food-prices","status":"publish","type":"post","link":"https:\/\/marcfbellemare.com\/wordpress\/700","title":{"rendered":"Krugman on Food Prices"},"content":{"rendered":"<p>In a pithy blog <a title=\"Food: The Late Surge\" href=\"http:\/\/krugman.blogs.nytimes.com\/2011\/02\/06\/food-the-late-surge\/\" target=\"_blank\">post<\/a> last weekend, Paul Krugman explains how the increase in food prices actually came after an increase in the price of other commodities:<\/p>\n<p style=\"padding-left: 30px;\">&#8220;Food was actually a latecomer to the commodity price surge.\u00a0Overall commodity prices have been rising rapidly since world industrial production bottomed out. Food prices mostly didn\u2019t follow until last summer &#8212; which is when the weather started going crazy in Russia and elsewhere.&#8221;<\/p>\n<p>I would have liked to read more of Krugman&#8217;s thoughts on this topic, but even he admits that that post is mainly a note to himself.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a pithy blog post last weekend, Paul Krugman explains how the increase in food prices actually came after an increase in the price of&#8230;<\/p>\n<div class=\"more-link-wrapper\"><a class=\"more-link\" href=\"https:\/\/marcfbellemare.com\/wordpress\/700\">Continue reading<span class=\"screen-reader-text\">Krugman on Food Prices<\/span><\/a><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,34],"tags":[40],"class_list":["post-700","post","type-post","status-publish","format-standard","hentry","category-food","category-macro","tag-food-prices","entry"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p1gPg8-bi","_links":{"self":[{"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/posts\/700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/comments?post=700"}],"version-history":[{"count":7,"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/posts\/700\/revisions"}],"predecessor-version":[{"id":706,"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/posts\/700\/revisions\/706"}],"wp:attachment":[{"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/media?parent=700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/categories?post=700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marcfbellemare.com\/wordpress\/wp-json\/wp\/v2\/tags?post=700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}