I’m keynoting the workship on Food, Ethics, Politics at 4:00 with a reception to follow. My talk, “”Food, Ethics, Politics: The View from 2022,” will be in the Andlinger Center for Energy and the Environment, Maeder Hall, Room 002. This event is part of the University Center for Human Values (UCHV) Conferences, Workshops & Special Events. To register to attend, click here.
FAO: Let’s start regulating food commodity futures. Yes!
The Food and Agriculture Organization (FAO), says FoodNavigator.com, is proposing “limited” regulation of food futures.
“Limited” doesn’t go nearly far enough. Food futures need regulation, big time.
In a policy brief, FAO attributes the recent crisis over food prices to speculation on food futures. Futures trading drove up the prices of food staples—corn, rice, and wheat—to record levels.
If, like me, you find this kind of trading incomprehensible, help is at hand.
And applaud FAO for at least taking a tiny first step to getting speculation in food under control.