What Price Chicken Wings? The economics of production in fixed proportions
A chicken has two wings, two legs, two breasts; how does the market cope when all people want is wings?
Tag: Food economics
Some thoughts on markets and such Excessive speculation is like pornography
Speculators can actually drive prices higher, which was news to me
Grain and finance The need to buy and sell wheat created modern commerce
Wheat was money, when a store was no more than a store of goods to be exchanged for wheat.
Grain and transport As wheat travelled, it created the modern world
Moving wheat from where it grows to where it is eaten shaped the world
The cost is too damn high The first global survey of the price of healthy eating
Three billion people couldn’t afford a healthy diet even if they wanted to.