The World's Growing Food-Price Crisis

http://www.time.com/time/world/article/0,8599,1717572,00.html


Informant: Teresa Binstock

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Food and the Specter of Malthus

Mark Thirlwell of The Financial Times writes: "Last week, financial markets experienced that 1970s feeling, as a combination of rising inflation and unemployment in the US triggered unwelcome memories of the decade of stagflation. Then came this week's report that the United Nations world food program might have to ration food aid. Set against a backdrop of rising food prices worldwide - global food prices have now risen by more than 75 percent since their lows of 2000, jumping more than 20 percent in 2007 alone - the news revived fears from a much earlier era, conjuring up the Reverend Thomas Malthus."

http://www.truthout.org/issues_06/022808EA.shtml



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