IMF: Communiqué of the Twenty-Fourth Meeting of the IMFC: Collective Action for Global Recovery, Sept. 24, 2011
Press Release No. 11/348
September 24, 2011
"The global economy has entered a dangerous phase, calling for exceptional vigilance, co… more »
The increase in upside risks to inflation calls for higher policy rates globally, the Bank for International Settlements, or BIS, said on Sunday. Releasing its latest annual report, the bank said that inflation risks have been driven up by dwindling… more »
Steven Rattner shows a dramatic example of market distortions caused by wrong environmental policies:NYT: The Great Corn Con, by Steven Rattner, June 24, 2011FEELING the need for an example of government policy run amok? Look no further than th… more »
The Mises Blog yesterday published some excerpts from Philipp Bagus book "Tragedy of the Euro" (2010). It is good food for thought:The EMU as a Self-Destroying System, by Philipp Bagus, June 20, 2011Following excerpt explains the mechanism… more »
Mises Institute: Global Inflation, June 10, 2011Central bank liquidity is gushing everywhere, leading to protests over high prices in India, Ukraine and China, the Financial Times reports.Stefan Wagstyl and Jonathan Wheatley write, “The main driv… more »
WSJ: Economists in Survey Discount Inflation, May 16, 2011
"On average, the 55 economists, not all of whom answer every question, expect inflation to moderate through 2012. The Labor Department reported Friday that consumer prices increased 3.2% from… more »
Source: The EconomistThe Economist: Growth and inflation; The commodity-price speed limit, contKeywords: Food Prices, Paradigm Shift in Commodities more »
Becker Posner Blog: How to (and not to) Help Poor Families in Developing Countries Cope with Rising Food Prices-Becker, April 17, 2011Keywords: Inflation, Monetary Policy, Rising Food Prices, Cost of Living more »
Econbrowser shows interesting graphs with commodity price developments. The graphs show that commodity prices have closely tracked world industrial production and that energy and food prices are the main factors behind the increase of CPI over the last m… more »
Greed Green and Grains (Blog): Ethanol and food prices, again, by Michael J. Roberts, Department of Agriculture and Resource Econonomics, March 7, 2011
"If you say you don't think ethanol is affecting prices for staple grains and soybeans, you are a f… more »
The UNICEF about causes of the food crisis and potential consequences:
Ortiz, Isabel, Chai, Jingqing and Cummins, Matthew, Escalating Food Prices: The Threat to Poor Households and Policies to Safeguard a Recovery for All (February 11, 2011). UNICEF W… more »
Source: Voxeu.org (click on graph for larger imageWhen we started this website in early 2007 we intended to include sectors which are of economic and business relevance. We had some discussions whether a "resources section" would be of interest. We f… more »
Yglesias: Catch-Up Growth, Resource Scarcity, Fall-Behind Immiseration, and Political Instability, Jan. 26, 2011Keywords: High Food Prices, Turmoils in North Africa, Resource Demand of "Catch up Growth" Countries more »
Current inflation numbers can not only be attributed to higher commodity prices. Food plays an important role in certain countries:
The Economist: Cost of Living: What is behind rising inflation? Jan. 21, 2011
..."in December Britain’s consumer-pri… more »
Spiegel Online International: Choc Finger's Big Bet; Speculators Rediscover Agricultural Commodities, July 29, 2010
With the financial crisis fading into the past, speculation on agricultural commodities markets has returned in force. Food prices are… more »
Project Syndicate: The ECB’s Tone-Deaf President, by Melvyn Krauss, May 2010
Once upon a time, European Central Bank President Jean-Claude Trichet communicated effectively with the outside world. Not anymore.
More than a few eyebrows were raised a… more »
click on picture to go to AmazoneGetting Off Track: How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis, by John B. Taylor, Hoover Institution Press, 92 pp.Here is a review of Taylor's book as well as the… more »
This is a new article in the Time Magazine about the green revolution and the growing attention small farmers get in developing countries:
Time: Back to the Land: The New Green Revolution, by By Michael Schuman, Oct. 2009
The development of new tec… more »