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Krugman Weighs In on Risky Foods

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Princeton Economist and New York Times Columnist Paul Krugman has weighed in on the dangers we face from mass produced food and the tremendous quanitites of food and food ingredients that are imported into the U.S. without any inspection for potentially deadly contamination.

Professor Krugman writes, "Who’s responsible for the new fear of eating? Some blame globalization; some blame food-producing corporations; some blame the Bush administration. But I blame Milton Friedman."

Professor Krugman isn't letting globalization, corporate greed, and President Bush completely off the hook, but he blames Economist Milton Friedman of the Chicago School for fomenting an economic ideology that sees any government regulation as a bad thing.

Paul Krugman's New York Times column on unsafe foods can be found at: Fear of Eating
(subscription to nytimes.com required)

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