World Perspectives
biofuel

No 1970’s Analog

The U.S. Federal Reserve is trying to accomplish a so-called soft-landing of the economy back down to a low inflation, modest growth, low unemployment scenario. An increasing number of voices are signaling their skepticism that this can be accomplished. Fed Chairman Jerome Powell even concedes that some of the factors at play “we don’t control.” When the similar problem of a slowing GDP and rising CPI occurred in the 1970’s, economist Milton Friedman said the first objective was to control inflation, and Chairman Powell has adopted the same strategy.  Like now, the 1970’s involved an oil price shock, but one of larger magnitude in real terms than the current runup in fuel costs. Unlike then, the U.S. has...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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