Wednesday, January 26, 2011

Excellent analysis of the current food crisis

"No one can claim that we could not see this coming. In fact, ever since the severe price crunch of mid 2008, there have been those who argued that unless major changes were made both in national policies towards agriculture and the way in which we manage the global trade in both agricultural commodities and their futures markets, such a repeat would be almost inevitable.

But the world is a curious place nowadays, with public memory so short as to be almost non-existent and media analysis (as well as public policy) still dominated by those who have comprehensively messed it up but have no sense of shame. So the same tired old reasons for the current food price increase are being trotted out once again, even though they were completely wrong two years ago and are wrong again today." (Thanks Daniel)

1 comment:

Unknown said...

Hard to think about food safety in the Mediterranean with all the interesting things i read here!