World Perspectives

Creative Destruction; Ignoring Economics

Creative Destruction It is often said that it is easier to use government to stop something from happening than to use it to make something happen. Some members in the U.S. House of Representatives this week suggested that banks be held liable for global warming and other ills since they financed the activity. It is akin to punishing the candlestick maker since the candlestick holder was the murder weapon. Others seek to stifle imports with suggested carbon tariffs or taxes on goods that are predominantly imported. The marketing this week of hydrolyzed soyoil, free of trans fat and with a longer shelf life, is occurring because of what the government has failed to do, which is to stifle the development of products made with new gene editin...

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Summary of Futures

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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