Wednesday, October 3, 2012

"Can Riots Be Predicted? Experts Watch Food Prices" NPR

"While the drought is causing the current spike in food prices, prices have also been on a steady, long-term trajectory upward. So what's behind that trend? NECSI's model has fingered two key suspects: speculation and the conversion of corn to ethanol. (More on that later.) Even without the drought, Bar-Yam says, food prices were headed toward the riot zone by early next year."

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