It's been a loooong time and I really am sorry to have neglected this blog but today, Sunday, even though I am still way behind in my work, I did tumble upon a very interesting post while browsing the Free Exchange Economist blog. It is an article by Timothy Wise in Triple Crisis (post link here)titled 'Are high agricultural prices good or bad for poverty'. I have always told my students that it depends upon whether the poor are net buers (net importers) or net sellers (net exporters) but is seems that this may be missing important issues.
Read the post!
(btw, I read there that Dani Rodrik is posting again which is great news in my opinion)
Hope to resume posting soon!