Today’s Read Along 3 16 2016
Best Line: “Adam Smith, however unfashionable, can feed more people than Karl Marx can.”
http://www.forbes.com/sites/ranisingh/2015/07/16/indias-cold-chain-needs-to-get-moving/#75e85202e124 India is the world’s largest producer of milk and the second largest producer of fruit and vegetables. Yet the country is home to more than 25% of the world’s hungry poor. More than 40% of children under five are undernourished.
http://www.forbes.com/sites/jplehmann/2015/04/12/indias-wrong-priorities-as-children-go-hungry-pm-modi-buys-fighter-jets-in-france/#610fbf5691ba India’s Wrong Priorities: As Children Go Hungry PM Modi Buys Fighter Jets In France
http://www.infoplease.com/cig/economics/three-economists-their-theories.html The three most important economists were Adam Smith, Karl Marx, and John Maynard Keynes (pronounced canes). Each was a highly original thinker who developed economic theories that were put into practice and affected the world’s economies for generations.
https://en.wikipedia.org/wiki/Labor_theory_of_value The labor theory of value (LTV) is a heterodox economic theory of value that argues that the economic value of a good or service is determined by the total amount of socially necessary labor required to produce it, rather than by the use or pleasure its owner gets from it.
http://fee.org/articles/the-world-food-crisis/ Socrates said that the best sauce for food is hunger. Today, as in the age of Socrates, there is no lack of hunger sauce.
http://ro.uow.edu.au/cgi/viewcontent.cgi?article=1956&context=alr AMERICAN SOCIETY, like our own, is in the main monumentally indifferent to the proliferation of starving bellies in the world.