Timmy elsewhereMarch 30, 2014 Tim WorstallTimmy Elsewhere1 CommentAt the ASI. Higher food prices reduce poverty. previousA rather nice piece on Nigel FaragenextYou what? 1 thought on “Timmy elsewhere” bloke in germany March 30, 2014 at 11:14 am How about doing this kind of research with a useful and credible metric? How about the “number of people who starved to death”? As opposed to what it looks like – which is some obscure model which is preordained to reach the conclusions those running the model wish to. You could then develop a similar argument that rising house prices is good for those who want a place to live. The poor farmers mostly only own their labour inputs, capital benefits (short term) from price rises. And a subsistence farmer doesn’t care either way about the price of food if he only produces enough for himself and dependents. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.