Government Meat Plants President Biden criticized the meat industry for what he termed “exploitation.” The term is a formal part of case law under antitrust and should have been the approach used by the Administration if that is what it believes. Instead, the White House has rejected the Washington Consensus of encouraging free markets and has adopted the Beijing Consensus of using state power to control economic sectors. This is not unusual in that western leaders have become more enthralled with China’s use of state power, adopting it to encourage domestic IT companies in Europe or urging companies to pay employees more regardless of productivity contributions in Japan. The problem is government’s tendency toward...
From WPI Consulting
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.