Tag Archives: agriculture

Angry Bear’s Mike Smith; I am a little baffled by our governments assessment of agriculture. Just today they released a few details about paying farmers to plant cover crop, as per this article here. House Budget Plan Offers Big Injection of Funds in USDA Conservation Programs House Budget Plan Offers Big Injection of Funds in USDA Conservation Programs (dtnpf.com), Progressive Farmer OMAHA (DTN) — Farmers would get up to $25 an acre from the...

Labeling for Increased Profits, Farmer and Economist, Michael Smith It is a well-known marketing ploy to label, relabel, and even mislabel a product again and again to increase sales. We think of the almighty Coke and the multiple iterations that they have had just on their cans. We’ve also seen consumer products like paper towels that have additives that make a mess disappear much faster, diapers that hold, ahem, waste better, and other...

Economist Farmer Michael Smith continues his take on Agricultural Economics. The Golden Seed . . . “Drought Resistance by Engineering Plant Tissue-Specific Responses” ____________ I’ll cut to the chase, for centuries we have been searching for the golden goose to lay the golden egg. This search for perfection in an imperfect world leads our collective minds to continue to seek out this perfection, or some amalgamation or imperfect things that...

Farmer-economist Michael Smith comments from More Random News Events of the Week post ________ My comment on the open thread, “what exactly does the federal government plan to do this is a little mind boggling. The USDA is limited in the resources they have. They can provide grants but it would need congress to fund it.” A few things I am working through in the consideration of carbon capture: 1. How much is enough? My operation requires...

This particular post is coming out of Angry Bear’s comment section. Mike Smith is the author. Mike grows various food items on his farm and has a hands-on knowledge of what is occurring in the beef industry today. What Mike is touching upon today is the small farmer industry and how the farmers are being squeezed out in bringing beef to market. The wholesalers and larger food chains such as Walmart can manipulate pricing to benefit themselves at...

Guest post by Jeff Mosenkis of Innovations for Poverty Action. Samia Suluhu Hassan was sworn in as Tanzania’s first woman president, following the death of John Magufuli, known for his denial of COVID-19 in the country. Some speculate the virus was the cause of his death rather than the official announced cause, heart failure. A nice article from Dani Rodrik about how economists can get along with other fields. Known for their breadth and willing to take on many kinds of questions,...

Guest post by Jeff Mosenkis of Innovations for Poverty Action. Some student-created infographic examples from the Communicating Economics website.  Communicating Economics is a site with tools, tips, and videos of in-person college level lectures on, well, pretty much what the title says. It comes from the person behind Econ Films, whom I’ve worked with before and are very good at at what they do. A Belgian court has cleared the way for the remains of the first Prime Minister of an...

They spend the next 45 minutes arguing about Stata vs. R. (In honor of the new Jack Ryan season) Guest post by Jeff Mosenkis of Innovations for Poverty Action. Dave Evans offers a short PhD in Michael Kremer’s work, with quick summaries of 100+ of his papers. But being a Nobel-winning researcher is only one of his jobs. He’s founded, or been instrumental in, more than one non-profit, and in USAID DIV. As a friend told me this morning, most people who know him from just one facet of his life...

Guest post by Jeff Mosenkis of Innovations for Poverty Action A very cool job market paper and explanatory thread, from Ph.D. candidate Matthew Klein. He, Bradford L. Barham, and Yuexuan Wu, link women’s household bargaining power to malaria rates in Malawi. They find that a one standard deviation increase in a woman’s household bargaining power implies a 40% reduction in chances that anybody in the household contracts malaria. They caution their ability to infer why this works is limited...

(Didn’t think I’d get a chance to use this again) Guest post by Jeff Mosenkis of Innovations for Poverty Action Congratulations to Emi Nakamura, winner of the Clark medal. Noah Smith explains her work and why it’s rare for macroeconomists to win it.And congratulations to World Bank Chief Economist & Yale professor Penny Goldberg on her election to the National Academy of Sciences.A few years ago, the “Worm Wars” broke out when a team reanalyzed data from a classic finding on the benefits...