World Perspectives

Flunking Economics; Nothing Burger; Insensitive Statement

Flunking Economics The critiques of President Biden’s State of the Union speech last night reflect the biases of the authors, and WPI admits its narrow focus is agricultural economics. The President once again blamed greed for part of the inflation problem in America. Corporate managers rolled their eyes as the President lauded higher wages and advised companies to fight inflation; they should “Lower your cost, not your wages.” This ignores the fact labor’s share of the economy is more than twice that of capital. For most businesses, labor is the highest single cost factor.  He once again attacked meat companies, lamenting that “you got four basic meat packing facilities. That’s it. You play with t...

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Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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