The Food Crises: The US Drought
DocuTicker DocuBase Category: Environment 2012-10-23
Summary:
Source: New England Complex Systems Institute
From the Abstract:
Recent droughts in the midwestern United States threaten to cause global catastrophe driven by a speculator amplified food price bubble. Here we show the effect of speculators on food prices using a validated quantitative model that accurately describes historical food prices. During [...]