Tag Archives: food prices
Rising Food Prices are No Laughing Matter
The Commerce Department reported on Wednesday that wholesale inventories rose 0.5 percent in August. What’s more, according to the Commerce Department sales at wholesalers rose 0.9 percent in August…the first increase since April. What this means exactly we don’t quite … Continue reading
Skeleton Economics
“Markets make opinions,” once said someone who’s much, much smarter than we are. Perhaps they meant that when markets rise for a long period investors will make up opinions about why they will keep rising further. Likewise, if markets are … Continue reading
Falling Off the Hunger Cliff
The October edition of Smithsonian magazine tells us that “With five simple words in the Declaration of Independence – ‘all men are created equal’ – Thomas Jefferson undid Aristotle’s ancient formula, which had governed human affairs until 1776: ‘From the … Continue reading
Mandates and Morons: Twisting the World into a Madhouse
A win-win deal is a contract or transaction where both participants benefit. Usually this means both parties receive profits. Here’s a simple example how… An entrepreneur pencils out a money making enterprise…say an automatic car wash station. He makes some … Continue reading
