The Food Price/Inflation Crisis
Posted at 11:16pm on Jul. 8, 2008 Upset About The World Food Crisis?
By Pejman Yousefzadeh
Be sure to thank governments around the world for bringing it about. Those who place an excessive reliance on the heavy hand of the State to solve various policy problems ought to be made aware of this massive transnational governmental failure. Perhaps it will give those people pause before they advocate yet another expansion of governmental power.
I can dream, can't I?
Posted in Policy | The Food Price/Inflation Crisis — Comments (3)/ Email this page » / Read More »
Posted at 10:19pm on Jun. 19, 2008 On Speculators And The Price Of Rice
By Pejman Yousefzadeh
The connection is thin. Look at the weak dollar for a better explanation concerning the increase in rice and other food prices--not to mention the increase in the price of oil. Supply and demand have something to do with it as well, or so rumor has it.
Posted at 2:39am on Apr. 28, 2008 Free Trade Will Fill Your Belly
By Pejman Yousefzadeh
I am surprised that it has taken this long, but finally, we have some press attention on the fact that shortage and price concerns relating to the food supply will be tremendously alleviated if we finally resolve to implement free trade practices. Tyler Cowen--whose intellectual rigor and peerless advocacy are, as always, tremendously appreciated by those who reject the Dark Side of the Force and its attendant policy agenda--makes this very case here. By all means, be sure to read the whole thing, but if you want an excerpt to sum things up, here it is:
Lately, it's become fashionable to assert that, in this time of financial market turmoil, the market-oriented teachings of Milton Friedman belong more to the past than to the future. The sadder truth is that when it comes to food production -- arguably the most important of all human activities -- Mr. Friedman's free-trade ideas still haven't seen the light of day.
Quite emphatically so. And the longer policymakers decide to remain troglodytes, antediluvians and Sith Lords about the matter of trade policy, the food price/food supply crisis will continue.
Posted in Economy | Free Trade | The Food Price/Inflation Crisis — Comments (0)/ Email this page » / Read More »
