A new book recommends buying directly from suppliers, thereby cutting out the middlemen. Yet for most consumers, this is not practical
Save time by listening to our audio articles as you multitaskThe reason for the confusion, argues Kathryn Judge, a professor at Columbia Law School, was the complex supply chains that have developed in the global economy. It is not easy for regulators, let alone consumers, to know where goods come from. She draws a parallel with the subprime-mortgage crisis of 2007: loans had been repackaged so many times that investors were far from sure which financial products, and which banks, were safe.
Ms Judge urges readers to buy directly from suppliers when they can, noting that only 15% of the money consumers spend on food goes to the farmer who grew it. One initiative the author recommends is “community supported agriculture”. At one such site, Genesis Farm in New Jersey, more than 300 families come each week to pick up a basket of vegetables. They have no choice over which items they get: that depends on the weather, the season and the farmer’s planting decisions.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Abbott restarts Baby Formula Plant Linked to ContaminationAbbott Nutrition has restarted production at the Michigan baby formula factory that has been closed for months due to contamination, taking a step toward easing a nationwide supply shortage expected to persist into the summer
Read more »
Stranded passengers ‘tired and defeated’ after Eurostar cancellationsSeveral Eurostar trains have been cancelled due to power supply problems.
Read more »
Stranded passengers ‘tired and defeated’ after Eurostar cancellationsSeveral Eurostar trains have been cancelled due to power supply problems.
Read more »
How Ukraine is fighting back against Russian artilleryThe use of heavy artillery has long been central to Russian military doctrine—Josef Stalin called it “the god of war”
Read more »
Mercedes-Benz issues global recall of one million older carsGerman carmaker says move due to a potential problem with the braking system
Read more »