Thursday, October 29, 2015

Applied Microeconomics: The Normative Representative Consumer and Welfare Analysis

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In a previous post , I pondered some questions related to using market demand functions to make welfare statements, following broadly Microe...
Tuesday, October 27, 2015

Applied Microeconomics: The Strong Axiom of Revealed Preference,Aggregation, and Rational Preferences

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Professionally most of my focus has been empirical and to a great extent, has been agnostic when it comes to micro theory. Take data mining ...
Wednesday, September 30, 2015

Big Data, Ag Finance, and Risk Management

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I recently was reading an article on AgWeb, How the feds interest rate decision affects farmers; and the following remarks stood out to me:...
Friday, September 25, 2015

EconTalk: Matt Ridley, Martin Weitzman, Climate Change and Fat Tails

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In a recent EconTalk podcast with Russ Roberts , Matt Ridley comments on a previous discussion with Martin Weitzman regarding the tail risk ...

EconTalk: Matt Ridly on Climate Change Consensus

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In a fairly recent EconTalk podcast with Russ Roberts, Matt Ridley discusses the consensus about climate change: "if it's true th...
Friday, September 11, 2015

Does California's EPA really have an 'intent' to put Glyphosate on its list of 'known' carcinogens?

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There have been some recent headlines lately about California's EPA expressing an 'intent' to put glyphosate on its list of ...
Monday, August 24, 2015

How Safe Is Your Ground Beef? Well, you tell me did you cook it properly?

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I have recently came across an article in consumer reports: http://www.consumerreports.org/cro/food/how-safe-is-your-ground-beef This ...
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Friday, July 03, 2015

The Use of Knowledge in (a Big Data) Society

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I recently ran across a very interesting article in Forbes titled " Big Data vs. Hayek " that made some observations about how com...
Thursday, June 25, 2015

Jurassic World: Mutant dinosaurs more likely related to technologies used in organic & conventional farming?

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Jayson Lusk has an interesting take on Jurassic World: http://jaysonlusk.com/blog/2015/6/21/jurassic-world "In many ways the new a...
Wednesday, June 17, 2015

AgriGenomics - Genomic and Biochemical Mechanisms Associated with Drought Tolerance

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"As Dr. Nam-Chon Paek of Seoul National University in Korea stated, 'We all expect that drought will be the major challenge for cro...
Tuesday, April 21, 2015

What's the big deal about farm subsidies? Four big questions about big ag, subsidies, food, and GMOs

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There are a lot of misperceptions about farm subsidies that tend to surface in the media and in political discussions coming from commentato...