February 24, 2011
The Food Bubble: How Wall Street Starved Millions, Got Away With It . . . and Is Doing It Again
12 p.m., Pound 204
Professor Frederick Kaufman of the CUNY Graduate School of Journalism, speaks about the relationship between financial speculation and world hunger. Kaufman’s cover story for the July 2010 issue of Harper’s, “The Food Bubble,” has provoked controversy throughout the food world, and led to radio appearances—including Australian Public Radio, Sirius Satellite Radio, and NPR—and television appearances on Democracy Now! and Bloomberg TV.
In “The Food Bubble,” Kaufman investigated the role that investment banks played in the upsurge of food prices in 2008 and how the subsequent rise in the price of global wheat pushed the number of the world’s food insecure to more than a billion people.