Déjà chew

The Ethicurean recently featured a post by Daryll E. Ray that puts the food crisis in context and explains a lot of technical economics in a way that is easy to read and understand, Déjà chew: The food price crisis in context. He compares the current crisis with a similar situation in 1974 that led to recommendations that were never implemented. So, here we are again. I really would not do it justice by trying to summarize so please go read it. He concludes with this…

The problem is more than food vs. feed. It is more than food vs. fuel.