I've decided to give you an option with which Planet Money Podcast to listen to for the CE quiz. So, you may choose between listening to the Planet Money Podcast on environmental economics (blog post 10/26) or to the one described below. Again, you only have to listen to the one that sounds most interesting to you.
This P$P is a great application of supply and demand with an unusual commodity, rice. Despite there being a global surplus of rice it turns out that government intervention and "rational behavior" has made the price of rice increase dramatically. Enjoy!
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