Economic Sense

Biotechnology, Food, and Applied Economics

Wednesday, September 18, 2013

Positive Externalities of Biotech Bt Traits on Non-Biotech Crops and Non Target Insects

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The following articles highlight positive externalities associated with Bt corn and cotton production : Communal Benefits of Transge...
Wednesday, September 04, 2013

The Economics of Local Food

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I am very excited to see that on September 11,2013 the WKU  BB&T Center for the Study of Capitalism is hosting Pierre Desrochers (also a...
Saturday, August 17, 2013

Diversity in Crop Production

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Market forces accommodating producer demands for traits optimized for diverse conditions and environments and the risks they pose d...
Thursday, July 18, 2013

I, Chicken

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“I was really shocked when I bought my first ever whole chicken tonight. Five bucks? For a whole chicken? KFC charges five bucks for one br...
Sunday, May 26, 2013

How to Really March Against Monsanto - via Fancy Beans

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How To Really March Against Monsanto http://www.fancybeans.com/blog/2013/05/25/how-to-really-march-against-monsanto/ This article ...
Wednesday, April 10, 2013

Discussion of Labeling Genetically Modified Foods on Agritalk

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Recently I was invited on AgriTalk to discuss the science and economics of labeling genetically modified foods and take questions from calle...
Monday, March 18, 2013

AgBioForum 12(1): Persistent Narratives: Why is the "Failure of Bt Cotton in India" Story Still with Us?

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A nice combination of empirical evidence and social network analysis explains a leading misconception and conspiracy theories about Bt cott...
Thursday, March 07, 2013

Internalizing Externalities Related to Herbicide Resistance

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An example of a cooperative market based solution to internalizing negative externalities associated with herbicide resistance. (Note: Round...
Tuesday, March 05, 2013

Big Ag Meets Big Data (Part 1)

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Over at my econometrics blog, I'm discussing the ramifications of social media and big data on the ag industry. Social media has all...
Saturday, November 03, 2012

California Proposition 37: Capitalizing on Information Asymmetry and Government Regulation to Corner the Market on Sustainable Food

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Proposition 37 is a crystal clear example of rent seeking in the food industry. Some natural and organic and other food special interests...
2 comments:
Tuesday, October 09, 2012

Monsanto Seed Patent Case Gets U.S. Supreme Court Review - Businessweek

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http://mobile.businessweek.com/news/2012-10-05/monsanto-seed-patent-case-gets-u-dot-s-dot-supreme-court-review The merits of the US IP...
1 comment:
Monday, October 08, 2012

Food and Farm Freedom Q & A

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Farm Food Freedom KY is a KY based interest group that has gotten some attention from a few of our lawmakers in Frankfort. But, are they ...
Wednesday, September 19, 2012

Microsoft Word - Northbridge CA GMO Report 7-25.docx

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From the introduction on p.10:  "The Genetically Engineered Foods Mandatory Labeling Initiative (A....
Thursday, September 06, 2012

Rachel Carson's Deadly Fantasies - Forbes

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"Carson exploited her reputation as a well-known nature writer to advocate and legitimatize "positions linked to a darker traditio...
1 comment:
Thursday, August 23, 2012

"Economics in Denial" by Howard Davies | Project Syndicate

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"And painful experience tells us that economic agents may not behave as the models suppose they will." Painful experience tells...
Thursday, August 09, 2012

Elinor Ostrom on Defining Common Property

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"Scholars who have designed taxonomies to point out the difference between open access arrangements and common property have sometimes ...
Saturday, August 04, 2012

Biotechnology is the intersection of science and capitalism

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And, how to ruin a good thing: See also these links related to rent seeking and biotechnology.  References : Matt Bogard. "Sus...
2 comments:
Friday, June 29, 2012

Affordable 'Car' Act

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Pending Thursday's supreme court decision on the Affordable 'Care' Act , auto industry, labor, environmental, and banking relate...
1 comment:
Monday, June 25, 2012

Just Label It! What's in a name? A free market perspective on labeling gentically modified foods

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Is there justification for government intervention requiring labeling of GMO foods? In a post from a few years back, I looked at the r...
6 comments:
Sunday, June 24, 2012

Cyanide Producing Pasture Misreported as GMO

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Recently CBS news reported that on a Texas ranch that GMO grass suddenly started producing cyanide and killing cattle. It turned out that th...
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Matt Bogard
Applied economist focusing on the economics of food, health, and biotechnology.
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