In a recent podcast on Freakonomics Radio called "How the supermarket helped America" the discussion was on how the supermarket changed the playing field for consumption. I will base this info on that podcast. I found the podcast interesting not necessarily on the topics of Russia, the cold war or production outright, but I thought it is a case study for African countries and many of the bottle-necks found there. I found the following argumentation interesting: Due to an overproduction of wheat and corn, it caused the US government to having to stockpile them, after giving buying guarantees. Since production became ever more efficient due to science on the one hand, such as bigger broilers and mechanization, such as tractors, on the other. So farmers started giving excess production to cattle, pigs and chicken, where today 30% of corn and 50% of soy is used for animal feed. Even then, production steadily continued to increase and something new was needed to use the o
Failure is Potential
German / English Blog Economics, Cars and random tidbits This blog is to bring some of my ideas down to paper for reference. I hope some of the things may be helpful for you, too!