Saturday, April 28, 2012

Investment of $8 billion returns 16 times over. Support?

 What do you think is the catch here?
an additional $8 billion per year would, by 2050, reduce the number of hungry people in the world by 210 million and the number of underweight children by 10 million. Put into economic terms, the benefit-cost ratio of this spending is 16 to 1, indicating high returns to expanded investment in agricultural R&D.

No catch.

It is all about misplaced national and global priorities.

$8 billion is an accounting rounding off error in the grand scheme of things.  Apple, for instance, generated net profits of $11.6 billion in the second quarter alone!

I am shocked, shocked, that we pay very little attention to such pressing matters!

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