The NY Times has some talented people on payroll. Brian McFadden creates great cartoons. Below, I reproduce one from today and critique the substance of his cartoon. Similar to others at the NY Times, he needs to consult his econ 101 notes. ...
Note the guy in the upper middle right panel who is eating a rock. While that's funny, McFadden forgets that international trade in agricultural products guarantees that this 99% dude won't have to eat a rock. His local supermarket will continue to be filled with tasty affordable stuff. It will just be grown elsewhere in the world as climate patterns shift.
via greeneconomics.blogspot.com
There is more truth to the rock than Matt acknowledges. Climate change will likely make the food less tasty and more expensive in areas where agricultural quality falls. But, adding to the criticism, lower income people in areas where climate change improves agricultural productiving might eat better at lower cost.
