Comments on: Starvation via Gas Guzzling http://www.concurringopinions.com/archives/2007/09/energy_vs_food.html The Law, the Universe, and Everything Sun, 22 Nov 2009 04:22:46 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: Deven http://www.concurringopinions.com/archives/2007/09/energy_vs_food.html/comment-page-1#comment-52197 Deven Sat, 29 Sep 2007 21:02:42 +0000 http://www.solove.org/archives/2007/09/starvation-via-gas-guzzling.html#comment-52197 On the Ramsey pricing idea -- does this notion crash when one can go to Canada or other countries for the drugs? It seems to support the idea that the maker or the country can try to stop the individual from buying the goods on an otherwise open market so that the maker can charge more to people in one country as a way to cover the fixed costs. My guess is that others have answered this point. Nonetheless how does the pricing work if the consumer can go outside the market in which the supplier wanted to keep her? On the Ramsey pricing idea — does this notion crash when one can go to Canada or other countries for the drugs? It seems to support the idea that the maker or the country can try to stop the individual from buying the goods on an otherwise open market so that the maker can charge more to people in one country as a way to cover the fixed costs. My guess is that others have answered this point. Nonetheless how does the pricing work if the consumer can go outside the market in which the supplier wanted to keep her?

]]> By: Deven http://www.concurringopinions.com/archives/2007/09/energy_vs_food.html/comment-page-1#comment-52196 Deven Sat, 29 Sep 2007 20:48:02 +0000 http://www.solove.org/archives/2007/09/starvation-via-gas-guzzling.html#comment-52196 Frank, great stuff. For those interested in additional recent coverage of the issue here are some recent ways that others have explained the situation: Marketplace has a piece on corn as food and corn as fuel: http://marketplace.publicradio.org/display/web/2006/09/13/corn_as_food_vs_corn_as_fuel/ All Things Considered had an interview with Scott Kilman of The Wall Street Journal on grain prices rising in general In the NPR interview Kilman notes that in the U.S. about 10% of our income goes to food; in Africa the amount ranges from 60 to 80%. http://www.npr.org/templates/story/story.php?storyId=14810470 The WSJ Article is here http://online.wsj.com/public/article/SB119093856250042023.html Frank, great stuff.

For those interested in additional recent coverage of the issue here are some recent ways that others have explained the situation:

Marketplace has a piece on corn as food and corn as fuel:

http://marketplace.publicradio.org/display/web/2006/09/13/corn_as_food_vs_corn_as_fuel/

All Things Considered had an interview with

Scott Kilman of The Wall Street Journal on grain prices rising in general

In the NPR interview Kilman notes that in the U.S. about 10% of our income goes to food; in Africa the amount ranges from 60 to 80%.

http://www.npr.org/templates/story/story.php?storyId=14810470

The WSJ Article is here

http://online.wsj.com/public/article/SB119093856250042023.html

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