Nobody really wants to think about economics, the famously dismal science, while sitting down at a table loaded with love and calories. Like it or not, though, supply and demand drive food production and set the price of dinner.
So, in a season of feasts, what are the business stories on your holiday menu?
The controversial drilling technique known as hydraulic fracturing has created an oil and gas boom around the country. In states like Texas, Pennsylvania and Colorado, there's been heated debate about rules that protect groundwater and public health.
California is now wading into that arena with the release of the state's first fracking regulations. The state's earthquake-prone geology, however, could bring particular concerns.
Fracking itself isn't new. The technology behind it, though, has changed.
On the crisp, clear morning of April 22, a 50-ton asteroid slammed into the Earth's atmosphere and shattered into countless pieces. Remarkably, they rained down onto Sutter's Mill, Calif., the exact spot where gold was discovered back in 1848, triggering the gold rush. And so follows a story of serendipity and scientific discovery.
"I was out on my hillside burning some branches and so forth, and I heard this sonic boom," says Gold Country resident Ed Allen. "It wasn't just one boom. It was a series of booms, literally right over my head."
Have you noticed, perhaps, that some of your store-bought salad dressings or spaghetti sauces taste a little less salty lately?
Probably not. The companies that make those products are doing their best to keep you from noticing. Yet many of them are, in fact, carrying out a giant salt-reduction experiment, either because they want to improve their customers' health or because they're worried that if they don't, the government might impose regulations that would compel more onerous salt reductions.
Originally published on Mon February 10, 2014 2:57 pm
Photographer David Breashears of GlacierWorks was on All Things Considered Monday to talk about a new way of photographing the Himalayan region: By stitching together 400-plus images into one giant, zoomable, interactive image — or a "gigapan" containing more than a billion pixels.
Salt is one of those dangerously tasty substances. We add the magical crystals of sodium chloride to almost everything that we cook or bake, and according to many public health experts, we add too much.
They want us to cut back, to lower our risk of heart attacks or strokes.
Yet when you really start looking for ways to do this, you run into a paradox and a scientific puzzle.
First, the paradox. Too much salt may kill us, but our bodies need some of it to survive.
According to countless prophecies, terrorizing people across the world, this will be my last contribution to 13.7. On Friday, December 21, the world will come to an end. I have been receiving dozens of concerned email messages from otherwise reasonable people, convinced that this time it is for real, that there is no escape.