Economic Sense

Biotechnology, Food, and Applied Economics

Sunday, March 19, 2017

Organic Activists Realize Hypocrisy On Gene Editing and Biotech

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There is a segment of the organic movement that wants to get their ducks in a row so that they can oppose gene editing technologies without ...
Friday, March 03, 2017

Positive Externalities and Spillovers of Conventional Food Production on Organic Food

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Jayson Lusk recently pointed out that making large scale organic work (i.e. read if we want more access to organic food that means 'l...

Vance Crowe and Shark Farmer Discuss Ag Outreach and Communication

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Previously the ag industry and companies like Monsanto seemed to have a focus on a one-size fits all solution to crop protection and seeds....
Thursday, February 23, 2017

Comments on Rules for Gene-Editing Technology

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From the literature: “We found that the improvement of a plant variety through the acquisition of a new desired trait, using either mutage...

Transforming a Company for a New Kind of Agriculture (WillAg closing market report w/Robb Fraley))

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Last week there was an interesting interview on the closing market report with Robb Fraley, Chief Technology Officer at Monsanto. The discus...
Tuesday, February 21, 2017

The Biotech Story: As told in the scientific literature

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Has biotechnology lived up to its promises? What were the ‘promises’ of biotechnology? Does genetic engineering present food safety risks ...
Tuesday, February 07, 2017

The progressive way to deny climate change

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Julie Kelly makes an interesting point with this question: "who are the real deniers: those who are reasonably skeptical about clima...
Saturday, January 28, 2017

Facts, Alternative Facts, Evidence, and Marching for Science

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From: Scientists planning their own march in Washington (CNN Politics) http://www.cnn.com/2017/01/25/politics/scientists-march-dc-trnd/i...
Saturday, August 20, 2016

GMOs and QR Codes: Consumers need more than a label they need a learning path

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I recently came across an article in national geographic about the new GMO labeling compromise that I thought was well written: http://www...
Tuesday, August 16, 2016

An Econometric and Game Theoretic Analysis of Producer and Consumer Preferences Toward Agricultural Biotechnology

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It is no secret these days that there are anti-biotech activists that reject the science related to the safety and benefits of biotechnology...
Wednesday, July 06, 2016

CRISPR Technology

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A nice article related to CRISPR technology and an application with waxy corn in a recent DTN article: https://www.dtnpf.com/agriculture/w...
Saturday, June 04, 2016

Left vs Right Science vs Risk vs Propensity to Regulate

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Jayson Lusk has an interesting post on his blog related to an article in the Journal of Agricultural and Resource Economics finding an inte...
Sunday, November 01, 2015

The Cult of Statistical Significance...or...no bacon is not really as bad or worse than cigarettes!

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 In their very well known article "The Cult of Statistical Significance" , Ziliak and McCloskey write: "William Sealy Gosse...
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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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Matt Bogard
Applied economist focusing on the economics of food, health, and biotechnology.
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