Archive for the ‘Environmental economics’ Category

Farmers Hack Their Equipment to Evade Tractor Company Policies   Leave a comment

Statewide Drought Forces Californians To Take Drastic Measures For Water ConversationLink: https://www.marketplace.org/2017/03/27/tech/farmers-hack-their-equipment-evade-tractor-company-policies

Summary: Farmers are hacking into their own tractors in order to fix them, rather than pay for a dealer to fix it for them.  Marketplace introduces this situation and explains why tractor owners aren’t satisfied with this developing market concentration in the repair market and what they hope to do about it. .

Original Air Date: March 27, 2017

Length: 3 minutes 2 seconds

Discussion Question: What impact does forcing tractor owners to go through dealers for repairs do for competition in the market? Who benefits from this system more, the owner or the dealer?

Oil pushes out Venezuela’s agriculture   Leave a comment

Link: http://www.marketplace.org/2016/04/18/world/resource-curse/venezuela-ranchers

Summary: Venezuela’s oil dependent economy imports nearly 80% of its food, which is particularly worrisome  when oil prices are at an all time low.

Original Air Date: April 18, 2016

Length: 4 minutes 46 seconds

The Miracle Apple   Leave a comment

honeycrisp-5c3b641931b075344e3419366ffbd570686d8cee-s1600-c85-jfifLink: http://www.npr.org/sections/money/2016/10/12/497697621/episode-627-the-miracle-apple

Summary: Years ago, the only classifications for apples was based on color: red, green or yellow.  Planet Money discusses how one researcher from Minnesota changed the apple market by introducing an apple that was actually tasty for retail consumers.

Original Air Date: October 12, 2016

Length: 14 minutes 7 seconds

Discussion Question: By putting a patent or a trademark on a type of apple, how does that affect supply and demand? How does it affect competition in the market?

The Zoo Economy   Leave a comment

nocontestelephants-a8bada5851a464dbde9a4c9ba2c427149ae0c531-s1600-c85-jfifLink:   http://www.npr.org/sections/money/2016/09/09/493295430/episode-566-the-zoo-economy

Summary: Due to regulations and animal cruelty, the market for animals has almost disappeared over the years.  Planet Money discusses how zoos and aquariums use different methods to get their animals without having to pay a single dollar and avoiding a PR disaster.

Original Air Date: September 9, 2016

Length: 17 minutes 22 seconds

GMO acreage falls — along with commodity prices   Leave a comment

Link: http://www.marketplace.org/2016/04/13/world/gmo-crops-declineat-least-now

Summary: Due to falling commodity prices, the number of acres across the globe containing genetically modified crops has fallen for the first time in 20 years.

Original Air Date: April 13, 2016

Length: 2 minutes 4 seconds

Posted October 21, 2016 by cherokeebelval in Environmental economics, Production costs

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Happy Saudi cows eat California alfalfa   Leave a comment

TO GO WITH AFP STORY BY AMMAR KARIM
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Link: http://www.marketplace.org/2016/03/28/world/happy-saudi-cows-eating-california-alfalfa

Summary: A Saudi dairy company, Almarai, bought a total of 14,000 acres of land across Arizona and California with the intentions of growing alfalfa, a water intensive crop.  Almarai plans to export the U.S. grown alfalfa back to Saudi Arabia to be used as fodder.

Original Air Date: April 6, 2016

Length: 2 minutes 22 seconds

For our future, someone has to think about dirt   Leave a comment

dirtLink: http://www.marketplace.org/2016/03/28/world/our-future-someone-has-think-about-dirt

Summary: Nitrate pollution and soil erosion are common concerns when it comes to growing soy and corn. These crops are generally grown in the U.S. because farmers usually have an abundance of economic incentives such as crop insurance and the ethanol mandate, encouraging them to do so.

Original Air Date: March 29, 2016

Length: 3 minutes 44 seconds