Monday, February 7, 2011

The Price Of Food

Via a bad article with a good point from the current issue of American Spectator:
Matt Ridley makes the argument cogently in his book The Rational Optimist:  "Roughly 5% of the world's crop land has been taken out of growing food and put into growing fuel (20% in the United States)...Not even Jonathan Swift would dare to write a satire in which politicians argued that...it would somehow be good for the planet...to give up food-crop land to grow biofuels...thus driving up the price of food for the poor [who] spend 70% of their incomes on food.