World Perspectives

Recent Policy Analysis

The Future of Loose Fiscal Policy and the Economy

Since the early 2000s, there has been plenty of discussion about whether monetary policy is too loose or too tight given the underlying economic conditions. It continues through today as the Fed tightened monetary policy to reign in inflation after the massive amounts of fiscal policy stimulus...

NGT Test this Week; New Mexican Authorities

NGT Test this Week The Belgian presidency of the EU will make its last effort to obtain approval of a regulatory proposal for new genomic techniques. If it fails, the effort will be passed along to the Hungarian presidency that begins in July. Chances are, it will fail despite being watered dow...

Poor Feed for the Golden Goose; Disingenuous Argument

Poor Feed for the Golden Goose Most people understand basic economics, but not all the subtleties of its principles. Competition makes sense, unless someone says it’s unfair. Some politicians trying to lead America out of its muddle, which is to say the octogenarian “leadership,&rdq...

Tight Margins Prevent Disruption; Hungary Isn’t Hungry; Two-Tiered Pricing

Tight Margins Prevent Disruption While populist politicians complain about corporate greed, the businesses with long term success in agriculture achieve their success via tight margins. Bloomberg notes that upstarts in the “agrifoodtech” space like Farmers Edge Inc. and Gro Intellig...

Trade Spat Between China and EU

When President Biden announced higher Section 232 tariffs on a list of Chinese goods (see WPI 14 May) anxieties were raised over possible retaliation (see WPI 10 June). Right now, the EU is on the leading edge of the tariff tit-for-tat. Yesterday, China announced its Ministry of Commerce would...

U.S. Pork Kept Out of Africa

At a recent hearing of the Senate Finance Committee, the National Pork Producers Council (NPPC) highlighted Africa’s call for the renewal of the African Growth and Opportunity Act (AGAO) while at the same time calling for the removal of South Africa and Nigeria from the agreement because...

USDA Proposes Poultry Contracting Rule

Early this month, USDA proposed the Poultry Grower Payments Systems and Capital Improvement Systems rule, the third in a series of livestock and poultry marketing regulations. This proposal is targeted at regulating so-called tournament pricing systems for poultry This rule has been long in the...

Cutting Food Waste; Conflicting Approaches

Cutting Food Waste USDA issued a national strategy yesterday that aims to cut food waste by 50 percent by 2030. According to the agency, food waste in the U.S. involves a third of the supply. There are many reasons why this is concerning and USDA has proposed many remediation steps along the su...

Farm Bill Prospects; Transatlantic Reverberations; Trade Policy Disconnect

Farm Bill Prospects Although the odds are long, there are some political dynamics that benefit the completion of a farm bill. Republicans barely control the House, but they have the potential to complete passage of a bill in that body. Democrats barely control the Senate, but there are Democrat...

Food as National Security; Food Policy and Climate Change

Food as National Security Journalists like Greg Ip and Noah Smith have identified the West’s trifecta of tools to counter China: industrial policy, export controls, and tariffs. They note another needed factor, unified western economics, but acknowledge it is difficult to achieve. Other f...

Senate Republican Farm Bill Framework

As WPI reported on 13 May, both the House and Senate agriculture committees released broad outlines of their respective farm bill drafts. The House Committee then tabled a full draft and passed a farm bill, the provisions of which were reported here.   In the Senate, Chairwoman Debbie...

Immigration Tariffs?

At a campaign event in Arizona, former President Trump floated the idea of using tariffs on countries who don’t cooperate with the U.S. on illegal immigration, and specifically, those countries taking back citizens who illegally immigrate into the U.S.  While most illegal immigration...

The Future of Loose Fiscal Policy and the Economy

Since the early 2000s, there has been plenty of discussion about whether monetary policy is too loose or too tight given the underlying economic conditions. It continues through today as the Fed tightened monetary policy to reign in inflation after the massive amounts of fiscal policy stimulus...

NGT Test this Week; New Mexican Authorities

NGT Test this Week The Belgian presidency of the EU will make its last effort to obtain approval of a regulatory proposal for new genomic techniques. If it fails, the effort will be passed along to the Hungarian presidency that begins in July. Chances are, it will fail despite being watered dow...

Poor Feed for the Golden Goose; Disingenuous Argument

Poor Feed for the Golden Goose Most people understand basic economics, but not all the subtleties of its principles. Competition makes sense, unless someone says it’s unfair. Some politicians trying to lead America out of its muddle, which is to say the octogenarian “leadership,&rdq...

Tight Margins Prevent Disruption; Hungary Isn’t Hungry; Two-Tiered Pricing

Tight Margins Prevent Disruption While populist politicians complain about corporate greed, the businesses with long term success in agriculture achieve their success via tight margins. Bloomberg notes that upstarts in the “agrifoodtech” space like Farmers Edge Inc. and Gro Intellig...

Trade Spat Between China and EU

When President Biden announced higher Section 232 tariffs on a list of Chinese goods (see WPI 14 May) anxieties were raised over possible retaliation (see WPI 10 June). Right now, the EU is on the leading edge of the tariff tit-for-tat. Yesterday, China announced its Ministry of Commerce would...

U.S. Pork Kept Out of Africa

At a recent hearing of the Senate Finance Committee, the National Pork Producers Council (NPPC) highlighted Africa’s call for the renewal of the African Growth and Opportunity Act (AGAO) while at the same time calling for the removal of South Africa and Nigeria from the agreement because...

USDA Proposes Poultry Contracting Rule

Early this month, USDA proposed the Poultry Grower Payments Systems and Capital Improvement Systems rule, the third in a series of livestock and poultry marketing regulations. This proposal is targeted at regulating so-called tournament pricing systems for poultry This rule has been long in the...

Cutting Food Waste; Conflicting Approaches

Cutting Food Waste USDA issued a national strategy yesterday that aims to cut food waste by 50 percent by 2030. According to the agency, food waste in the U.S. involves a third of the supply. There are many reasons why this is concerning and USDA has proposed many remediation steps along the su...

Farm Bill Prospects; Transatlantic Reverberations; Trade Policy Disconnect

Farm Bill Prospects Although the odds are long, there are some political dynamics that benefit the completion of a farm bill. Republicans barely control the House, but they have the potential to complete passage of a bill in that body. Democrats barely control the Senate, but there are Democrat...

Food as National Security; Food Policy and Climate Change

Food as National Security Journalists like Greg Ip and Noah Smith have identified the West’s trifecta of tools to counter China: industrial policy, export controls, and tariffs. They note another needed factor, unified western economics, but acknowledge it is difficult to achieve. Other f...

Senate Republican Farm Bill Framework

As WPI reported on 13 May, both the House and Senate agriculture committees released broad outlines of their respective farm bill drafts. The House Committee then tabled a full draft and passed a farm bill, the provisions of which were reported here.   In the Senate, Chairwoman Debbie...

Immigration Tariffs?

At a campaign event in Arizona, former President Trump floated the idea of using tariffs on countries who don’t cooperate with the U.S. on illegal immigration, and specifically, those countries taking back citizens who illegally immigrate into the U.S.  While most illegal immigration...

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