Friday, April 13, 2007

The "Enron" of Agribusiness?

Lately, I've been learning about AgriBusiness in the US. Ignorance sure was bliss. I can across a little history of Archer Daniels Midland. If this is indeed true, then ADM is in fact the "Enron of Agribusiness" *, and the biofuels problem is even worse than I thought. I'll be looking into this shortly, although I'm more interested in science than business or politics. Problem is, scientists aren't making the important decisions, so it behooves me to pay attention to politics, economics, and business.

* Nicholas Hollis coined that term