title
macrohistory.com: commentary

home | opinion index

COMMENTARY: POLITICS and ECONOMICS

previous | next

Economic Progress

March 6, 2010

Economic growth -- and this year, economic recovery -- is dependent upon the availability of inexpensive necessities: food and energy. These allow people extra money to pay for other goods and for services, which increase economic activity and create jobs. All this is widely known, but we are not paying much attention to diminished economic growth rising from a reduced food supply and its corollary: rising food prices.

home | opinion index

Copyright © 2010-2011 by Frank E. Smitha. All rights reserved.