The Famine in Horn of Africa and Political Economy Failure

The study of economics starts with recognition of the economic problem: we (humanity) have unlimited wants but limited resources to satisfy those wants, so something has to give.¬†Famine is perhaps the starkest reminder of the economic problem. People die simply because they cannot get enough food to eat. ¬†Yet while there have been famines throughout … Continue reading The Famine in Horn of Africa and Political Economy Failure