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Category Archives: Agriculture

In my blog posts here, I usually provide links to news articles concerning the topic at hand.  Not this time.  Instead, I will just suggest that reader search news.google.com for water shortages.  What should be noted is that there is no shortage of news articles on water shortages.  Articles on climate change and business location […]

Recently, the Baton Rouge Advocate ran this story about the Mississippi River by Bob Marshall, a story that was originally published in The Lens.  The issue is that all along the Mississippi, people in different states want to use the water from the Mississippi for many various projects.  In some states, water is diverted from […]

In trying to tackle the youth obesity problem in the country, Michelle Obama championed a change in the school lunch program, a program that places new restrictions on the calories from school lunches as well as mandates nutrition guidelines for school lunch programs.  The new calorie guidelines are based on the average student at various […]

Bastiat, in one of his best-known essays points to the lack of logic of those who suggest that we can become better off through destruction, a fallacy that has come to be called the “broken window fallacy.”.  In 2006, in this inaugural post on Bastiat’s Bastions, Norbert Michel and I suggested that the notion that […]

Yesterday, Professor Elinor Ostrom passed away as is reported in this article in the Washington Post.  In 2009, she was awarded the Nobel prize in economics for her work on how people are able to manage the “tragedy of the commons,” the overuse of resources that are not protected by private property rights, without government […]

Last year, I posted “Water, water everywhere, nor any drop to drink,” borrowing the famous line from The Rime of the Ancient Mariner.  What I wrote about there was how residents of the southwestern Louisiana town of Sulphur had little incentive to economize on their use of water because they paid a flat fee for […]

Unless you have been laid up in bed, you are sure to have noticed that the price for gasoline has skyrocketed in the last few days, rising by about $0.25 a gallon here in south Louisiana, or about 8%.  For extra credit only to the first of my students to correctly post the right answer, […]

Economists recognize a limit on government spending due to the sources for the spending for those dollars to be spent.  Economists call this limitation the “government budget constraint.”  We recognize that there is a tax to be paid one way or the other, different ways of raising the funds implies different taxes.  Some of these […]

Oysters being overfished After having some delightful appetizers of char-broiled oysters at a local restaurant here in Thibodaux, I was especially disheartened when I saw this story about the plight of oyster production and habitat worldwide appeared on the influential Breitbart.com blog.   It references an article  that recently appeared in the biological science journal, BioScience. According […]

In this article from the U.K. newspaper, The Telegraph, Ambrose Evans-Pritchard writes about how increasing food prices and food scarcity, while not causing the tumult in Tunisia and Egypt, may have triggered recent riots and revolution in those countries, the straw that broke the camel’s back, so to speak. When prices for major necessities, such as […]

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