Economists Lose to Meds Caught your eye?! That is what just happened. Economists know balance sheets and now they are pondering the cost/benefit of a split-second political decision several weeks ago that said one discipline would lose to another. Dollars to doughnuts this is the subject of hundreds of subsequent post-COVID economic studies. Some say choosing life or the economy is a false dichotomy. University of Chicago professor William Howell says “What healthy politics is, is one that allows for meaningful and civil disagreement and engagement.” Our politics are not that healthy. Nuts Over Meat Advocates for meat substitutes are arguing that now is the time for consumers to switch to these products. Both because it would...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.