Diary of Orrin Brown, Savannah, Georgia Tuesday–Jan 3rd We had a very pleasant night and it is clear and warm. Four of us got a pass to go to the City today, there was any amount of provisions selling at the market house. I will here state some of the prices. Potatoes were selling at […]
Ag Census Preliminary Results Show Growing Farm Economy
Preliminary results are in on the 2012 Census of Agriculture. Following the long-term trend, USDA counted fewer larger farms, much fewer in some states like Minnesota, and actually a few more in others like Wyoming. And farmers are getting older. Full figures due in May. The USDA Press Release gives the details: Value of Sales […]
MN Livestock: 35k Jobs and $8B Economic Impact
. Press Release Minnesota Animal Agriculture Sector Is Growing, Provides Significant Economic Value New study finds industry employs thousands, contributes billions in revenue and has potential to expand St. Paul, MN (July 9, 2012) – The Minnesota Livestock Industry Benchmark Report released today, found that Minnesotaʼs animal agriculture industry is substantial and continues to create […]
Put a Fork in this Turkey—a New Stadium is a Luxury We Cannot Afford
Minnesota Governor Mark Dayton has called for a Special Session of the Legislature the week of Thanksgiving to pass legislation for a new Minnesota Vikings stadium. The Minnesota Vikings have bandied ideas about for years for a new NFL football stadium to replace the Hubert H. Humphrey Metrodome. Their current $1.1 billion proposal would site a […]
Keynes’ Revenge Best Served Cold
[v=Hrg1CArkuNc] Milton Friedman, in my book, can do no (economic) wrong. In Anatoly Kaletsky’s recent book—Capitalism 4.0: The Birth of a New Economy in the Aftermath of Crises (Public Affairs, 2010)—Friedman and the rest of us “market fundamentalists” can do nothing right. Following the spectacular collapse of the banking system in 2007-09, a gaggle of […]
Your bias for dealing with change
Speaking of Change… there are three schools of thought on handling this economic “sea of change”… The academic approach will struggle to apply logic to the circumstance and forecast the end (Confusionism). The creative and/or artistic approach seeks to make peace with the current situation, waiting patiently for resolution (Buddhism). Or finally, the pragmatist will […]