My 100th Post-- Count the Cost

One of the world's largest suppliers of rice and cotton, Olam International,said in a Bloomsberg TV interview 2/14/11 that corn prices will escalate to a record, pushing up food inflation costs and thus increasing hunger. They believe that the climate around the world is changing and that will cause massive disruptions. Corn is involved in much of the food we eat- animals feed on corn, drinks contain corn fructose and the owner of Montana Bread mentioned that when corn prices are high, wheat fields are instead used to plant corn, causing less supply and higher prices for wheat. Now add higher fuel cost to all this, count on your food costs to go up. Look what I read last night in "American Colossus: The Triumph of Capitalism 1865-1900" by H. W. Brands. We can learn from the industrial giants. Andrew Carnegie (the steelmaster)"...obsessed over cost because it was the one part of his business he could control. Carnegie never wanted to know the profits...He always wanted to know the costs...Carnegie's genius ...was his talent for organization." John D. Rockefeller, creator of the Standard Oil empire, was also "...relentless [in his] pursuit of efficiency." It's time to count the costs- know what it costs to make a meal verses eating out and then work on the efficiency of cooking in quantity with cooking co-op. That is capitalism at it's best!