Markets are solving the food waste problem
Dr. Eamonn Butler | Adam Smith Institute
Tesco, one of Britain’s largest supermarkets, has revealed that it threw out 30,000 tonnes of food in the last six months. Customers throw out yet more. Appalling waste caused by the ’pile it high, sell it cheap’ capitalist ethic?
Nobody likes waste, particularly those of us in the baby boom generation whose parents had lived through wartime rationing – or those who are old enough to remember it personally. We were brought up with the mantra ’waste not, want not’. Supermarket bosses are no different from the rest of us in that respect, but they have another powerful motive to avoid waste too: it is very bad for the bottom line. Why pay producers for food that goes unsold?
That is why Tesco has actually done a survey of what customers actually ditch, going through 10,000 dustbins in their research (ugh!). It seems that 65% of bagged salad is discarded, for example. The result of that? Probably, smaller bags being put on sale from now on. And clearer instructions on food packaging about how to keep it fresh.
There are many other reasons why so much food is wasted, though. In most cases it cannot be put into pig swill any more, because of the risk of animal diseases that might affect humans, though a bit goes to local zoos. Then there is the absurd ’best by’ and ’sell by’ labelling – you can blame government for that, of course.
Read the full article at: adamsmith.org
To Save Europe, Free the Markets
Natural Products East embraces conscious capitalism
Half of world’s food goes to waste, report says
UN "Food Shortage" Solution? Eat Bugs
Flour made with insects wins $1M Prize
Latest News from our Front Page
41% of Americans Support Criminalizing "Hate Speech"
The following are from a recent poll about what some are calling on for "hate speech"
1. Support for Hate Crimes Legislation
Do you support or oppose the federal law that requires increased penalties for hate crimes committed on the basis of the actual or perceived race, color, religion, national origin, ethnicity, or gender of any person?
2. Support for Expanding Hate Crimes
FBI Admits No Major Cases Cracked with Patriot Act Snooping Powers
FBI agents canâ€™t point to any major terrorism cases theyâ€™ve cracked thanks to the key snooping powers in the Patriot Act, the Justice Departmentâ€™s inspector general said in a report Thursday that could complicate efforts to keep key parts of the law operating.
Inspector General Michael E. Horowitz said that between 2004 and 2009, the FBI tripled its use of bulk ...
Sweetener Stevia Was Once Hailed As An Anti-Fertility Agent for Population Reduction
Maybe it's not so sweet now... If you've thought stevia, the natural alternative to sugar and artificial sweetners with aspartame, et al., is too good to be true, there may be a catch. Check out this textbook written in 1970 by Paul and Anne Ehrlich, the precursor to the textbook Ecoscience they wrote with Obama Science Czar John P. Holdren ...
TPP Aproved: Senate Republicans Give Obama New Powers - Details Remain 'Classified'
President Obama won a big victory for his trade agenda Friday with the Senateâ€™s approval of fast-track legislation that could make it easier for him to complete a wide-ranging trade deal that would include 11 Pacific Rim nations.
A coalition of 48 Senate Republicans and 14 Democrats voted for Trade Promotion Authority late Friday, sending the legislation to a difficult fight ...
Circumcision battle: Mom seeks release from jail after federal lawsuit is dismissed
West Boynton mother on Wednesday gave up trying to get a federal judge to stop her 4 1/2-year-old son from being circumcised as his father wishes â€” a battle that also led to her arrest May 14 on a state court warrant.
An attorney for Heather Hironimus, who lost similar legal challenges in two state courts, notified U.S. District Judge Kenneth ...
|More News » |