Economist Tyler Cowen Says Organic Foods Are Just A 'Marketing Label'

It's been a rough month for organic foods.  Last week, British economist Roger Cohen wrote a scathing NY Times op-ed dismissing organic food as a fable and an "effective form of premium branding," and a four-year Stanford University study found organic products "have no significant advantage over conventional foods, even though consumers pay more for them," reported USA Today.  Economist Tyler Cowen, author of the book, "An Economist Gets Lunch," agrees with both counts: "Organic food as a label means a lot of things to a lot of people," he tells...

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Published By: Business News - Wednesday, 19 September, 2012