I see Cargill as a great laboratory of both macroeconomics and microeconomics; that the good news is ... many of the things that economic theorists would tell us actually play out on the kitchen tables of individual farmers with 10-key calculators responding to signals. I think in a positive sense watching ... China make a decision to redefine their definition of food security to include importing soybeans rather than compelling land allocation within their own country, against their comparative advantage [is a good thing]
—Page, Greg [interviewee], former CEO of Cargill, the largest privately-held company in the U.S. January 12, 2015. “Greg
Page on Food, Agriculture, and Cargill.” EconTalk [podcast].
Video 2—Production Possibilities Frontier
Video 3—PPFs and opportunity cost
Video 4—Comparative advantage and when countries trade
Video 5—Proving countries benefit from trade
(3.c) Who feeds Stillwater?
Video 6—Who Feeds Stillwater?
Below are some videos and sheets we discussed in class
Two worksheets regarding some trade issues are here and here
Excerpt from documentary This Is What Free Trade Looks Like describing food sovereignty and dislike of trade wiht the U.S.
Video from The Blaze saying we should only eat U.S. beef
