Wheat Crop, originally uploaded by davidlkel

Re Climate Change & Your Pocketbook: Economist Paul Krugman attributes the recent spike in food prices to bad harvests resulting from abnormal weather. In particular, he cites growth in world population and a shortfall in grain harvests – especially in the former Soviet Union which is experiencing the longest, unprecedented heat wave in a thousand years. Read more at krugman.blogs.nytimes.com.

HAT TIP: dailydish