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modeRATION

What? Food rationing in the US???

Australia, UK follow suit…?

When I read ‘Malthus’ in my economic textbooks, never thought theory would be put to practice so soon.

Never imagined that I would witness a situation as precarious as food rationing in US, Australia or the UK. The debate still continues whether prosperity in the developing world or the mad craze to convert food to fuel is the reason behind the current food shortage.

I don’t want to extrapolate on this bit. Thought I’d express my “shock and disbelief”. (Why waste a chance?).

But what does a consumer like me do? Read news articles and extrapolate views on how inflation is screwing up my already inflated monthly expenses…?

Culturally with half of the population that fasts atleast one month if not more, due to various religious beliefs and another half which starves, I am not sure whether it is our food consumption patterns that are to blame for this situation.

But I do remember almost all the beliefs and philosophical teachings that shun greed and advice moderation.

Why can’t we give it a try…25% reduction in our consumption patterns…? This is not based on any theory…but that is approximately the average increase in prices of essential commodities…

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