The more the merrier -- farmers must diversify to survive

Aside from market fluctuations and changes in commodity prices, climate variability is the greatest threat to the long-term economic viability of dryland farms. In order to counter these uncertainties, many farmers have turned ...

Australia PM critical of coal mine approval process

Australian Prime Minister Julia Gillard has attacked Queensland officials over their handling of a massive Indian-led US$6.3 billion coal mine project, accusing them of risking investor confidence.

Food price spikes, volatility not the same issue

(PhysOrg.com) -- When global food prices rose sharply starting in late 2010 and hit an all-time high in February, many leaders, including the presidents of the World Bank and of France, spoke about the increases and conflated ...

Economist studies how higher gas price affect consumer behavior

A dollar is a dollar is a dollar, so goes the economic theory of fungibility. But do people really act that way? In a new working paper, Brown University economist Justine Hastings and Jesse Shapiro of Chicago Booth School ...

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