041: Dermot Hayes on Comparative Advantage, Feeding the Chinese and the Malthusian Catastrophe - a podcast by Frank Conway - Economics and Finance Lecturer - interviews Dan Ariely, Deir

Dermot Hayes is the Pioneer Chair of Agribusiness, professor of economics, and professor of finance at Iowa State University. He heads the Trade and Agricultural Policy Division at CARD, a position he also held from 1990 through 1998. 

 

He is co-director of the Food and Agricultural Policy Research Institute, a research center dually administered through the Centre for Agricultural and Rural Development or CARD at Iowa State and at the University of Missouri at Columbia. He is also a leader of the Policy Task Force of the Plant Science Institute at Iowa State.

 

A native of the Republic of Ireland, Dermot obtained his degree in agriculture science from the University College in Dublin and his Ph.D. from the University of California, Berkeley with a major in international trade. 

 

Dermot has distinguished himself with many awards at the college and university levels for his work as a teacher and researcher. 

 

In 2006 he received a "Publication of Enduring Quality" award from the American Agricultural Economics Association, who subsequently named him a Fellow in 2007. 

 

 

Besides his analysis of U.S. farm policy and international agricultural trade, Dermot’s other research interests include food safety, livestock modeling, demand analysis, and commodity markets.

 

Find out:

 

• how China is finding ways to feed its people and how self-sufficiency no longer works. 

• about China’s ever-increasing demands for soybeans, sugar, wine, etc and how this is putting demands on the global agricultural industry.

• how Ireland lost its comparative advantage in milk production by joining the EU.

• about Kerrygold Irish grass-fed butter and Bullet-proof coffee.


• why Kerry Group are only ‘scratching the surface’ in the US market.

• what high-value, labor-intensive products China should concentrate on producing in order to feed their population and trade with other countries.

• about if the Chinese government owns much of the land and property rights in China.

• ‘terminator seeds’ and how private companies could be incentivised to manufacture them.

• about the use of beta agonists, such as ractopomine, in the use of animal food production.

• and much, much more.

• Subscribe on iTunes and never miss an episode. Check out the shownotes page at www.economicrockstar.com/dermothayes

Further episodes of Economic Rockstar

Further podcasts by Frank Conway - Economics and Finance Lecturer - interviews Dan Ariely, Deir

Website of Frank Conway - Economics and Finance Lecturer - interviews Dan Ariely, Deir