Friday, November 4, 2016

Potpourri

by Levi Russell

Here I want to highlight a couple of conversations I think are interesting.

In response to this article on GMOs, Jayson Lusk (economist, Ok State) and Andrew Kniss (weed scientist, U Wyo) provide some deeper analysis on the effects of GMOs on yield and input usage.

A recent Council of Economic Advisors report (summarized here in the WSJ) alleges that monopsony power (market power wielded by buyers) is a driving force in labor markets these days. David Henderson provides an in-depth critique in, so far, 3 posts here, here, and here. I'll update when the rest of the posts come out.

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