World Bank weighs in on ethanol

Finally, some common sense! On Friday in the Guardian World Bank head Robert Zoellick was quoted while speaking at an IMF meeting, saying that “in the US and Europe over the last year we have been focusing on the prices of gasoline at the pumps. While many worry about filling their gas tanks, many others […]

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The End of Cheap Food

This, dear friends, is a headline which should scare you.  Last week’s The Economist featured this rather alarmist (but accurate) headline on the cover.  And you should all pay heed.  Food is of course a benchmark for inflation, and among peoples in differing classes its price has served as a great equalizer.  When food costs more, we […]

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