The great progressive Harvard economist and prolific best-selling author, John Kenneth Galbraith, wrote that “Ideas may be superior to vested interest. They are also very often the children of vested interest.” I wished he had written that assertion before I took Economic 101 at Princeton. One of the vested ideas taught as dogma then was the comparative advantage theory developed by the early 19th-century British economist, David Ricardo. He gave the example of trading Portuguese wine for British textiles with both countries coming out winners due to their superior efficiencies in producing their native products.
with Noam Chomsky
ontheearthproduction on Feb 27, 2014
“Agriculture is the oldest environmental problem,” the Land Institute’s Wes Jackson tells us early in this 27-minute video. Through interviews with 11 scientists, researchers and environmental experts, this short documentary considers that fate of agriculture and the environment in the age of agri-business and climate change. Continue reading