As a guy with a high background on economics (finance and banking) I must tell you that I’m somehow interested on how this whole financial crisis affects us.
Today, I’ve just heard that Paul Krugman Won the Nobel Prize in Economics, but since I don’t know this guy (ashamed!), I had to Google it and find out more.
As to my surprise it wasn’t his housing bubble or financial warning that got a smile on my face, but his “thinking about food”. Supply, Demand, and English Food is one of his essays on how bad the British food used to be and how heavenly it tastes today.
There may be truth in what he said – that if you consider supply and demand, but I’d honestly like to know if people in less developed countries care how sophisticated their dinner is. They just thank God for the little “something” on their tables, instead of thinking macro-economics. There’s no such thing as bad-food for them.
Congratulations for the deserved prize, but how about we two talk a little about food? What would you say Mr. Krugman? Maybe this 9-year old would eat the “bad” British food, if not I’m sure those African farmers would.
Image via Alan Cordova