Questions tagged [food]

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11 votes
4 answers
6k views

Why hasn't innovation in the agricultural industry led to a significant reduction in food prices?

There has been a lot of innovation in the agricultural industry. GMO, giant silos, factory farming, machinery, etc. But if we look at actual food prices since 1960 food actually got more expensive. So ...
0 votes
1 answer
79 views

How to make a country rich with no ground resources?

I have heard from an interview with N. Chomsky that the British favored India to work their fields instead of creating the machines that are used in the fields, this is a form of economic supressesion ...
  • 105
7 votes
3 answers
458 views

Why do grains cost so much more than flour?

I don't know if this is the case everywhere, but at least here in Germany: The same amount (usually 1kg) of grains - for human consumption - costs 3-10 times as much as flour. This holds at least for ...
  • 173
1 vote
0 answers
52 views

Food prices during famines - Historical data

I'm looking for historical data regarding local food prices during famines. I expect food prices to rise in order of magnitudes during famines but was unable to find reliable data. I'm basically ...
  • 255
2 votes
1 answer
52 views

How could you partition Household Food Expenditures into Producing Industries?

From the 2019 Consumer Expenditure Survey, the average household annual food expenditure was $8,169 for that year. There are subcategories such as "Food at Home" and "Food away from ...
2 votes
4 answers
232 views

Why does anyone prepare their own food?

I'm not an econ person, so this is a super naive question, but here goes: why, given the comparative advantage that specialization produces, does anyone prepare their own food rather than buying from ...
-1 votes
1 answer
33 views

In-ovo chick sexing vs. unemployment [closed]

As they report in Wikipedia, daily 7 million male chicks are killed for economic reasons. What I did not know is that obviously the actual separation, sexing is done manually? Instrument or machine ...
  • 192
0 votes
1 answer
114 views

Is it more costly to raise cattle for beef or raise fish in aquacultures?

I can't find any sources comparing the cost of the two methods. Specifically, I want to know if its more economically efficient to raise fish as a food source rather than beef - not counting ...
  • 103
1 vote
1 answer
54 views

Why did coronavirus cause a food shortage?

The argument I have seen is that since restaurants closed, demand for food is down. I understand how demand being suddenly lower could disrupt supply. What I don't understand is why demand is down. ...
  • 111
0 votes
1 answer
67 views

Depreciation of local currency and its effect on prices

I have problem with an article Lee H., C. Park, 2013, International Transmission of Food Prices and Volatilities: A Panel Analysis. Authors wrote: Difference in log of exchange rates (LOC/ $)- As ...
2 votes
0 answers
15 views

Data source for the relative frequency of different kinds of expiration date by retailers? (use by, sell by, best by)

I'm not sure if this is the correct Stackexchange site for this question, but I am interested in the economic and environmental effects of food waste reduction. A common policy proposal to reduce food ...
  • 121
6 votes
3 answers
746 views

What arguments are there in favor of national food self-sufficiency?

National food self-sufficiency is an idea that appeals to many non-economists. For example, George W. Bush (2001): It’s important for our Nation to be able to grow foodstuffs to feed our people. Can ...
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