The Price of Everything: A Parable of Possibility and Prosperity
Princeton University Press (2008); 224 pages; $9.69
Reviewed by Stephen Schmalhofer
I hated freshman economics at Yale. It was the only C I ever received. Taught in a massive lecture hall, the professor posted endless equations and formulas. I found it sterile and artificial. My father was the CEO of a poultry company in rural Pennsylvania. I wandered the production facility as a child and saw chickens hatched in Pennsylvania out of eggs from Ohio, fed soybeans from Brazil in German-designed storage tanks, transported by trucks assembled in Detroit and Kentucky, processed by special machinery built in the Netherlands and operated by workers from Mexico, Honduras, Guatemala and finally shipped around the world. They even sold the feet to China!
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