The Cost of Raising a Child

Including how much we spend on the tooth fairy, the cost of raising a child can simply be one total or it can involve different specific expenditures.

The Mystery of the Missing Goats

We have fewer price and quantity signals because agricultural production figures on certain crops and livestock were eliminated because of USDA budget cuts.

Fries and Chips: Potato Stories

When firms use research and development (R&D) for french fries and potato chips they create a springboard that Harvard’s Clayton Christensen explains.

Fresh Apple Demand

Again we connect to China with an apple but this time it’s the fruit. As incomes rise, so too has fresh fruit consumption in China. In addition to buying pork and owning dogs, consuming pecans and carrying Coach purses, an…

The Good Life…For Cows

I suspect that the life of a cow producing organic milk got better last June. For their owners, though, business surely became more complicated. According to a new USDA rule, any milk labeled organic now has to come from a…

Corn Counters

To estimate the size of the corn crop, the U.S. Department of Agriculture (USDA) hires corn counters. Calculating stalk stats and assessing cob size, they observe 15 foot sections in thousands of fields. Add to that weather predictions, yield trends,…

Finding Food Deserts

Having just learned that the US Department of Agriculture (USDA) has a food desert website, I am not sure how we should respond. The USDA tells us that in a food desert most low-income households have limited access to a…