The Mystery of America's Missing Baby Formula
Plain English with Derek Thompson
Audio is streamed directly from the publisher (traffic.megaphone.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
America's infant formula shortage is very strange and very embarrassing. Nationwide, more than 40 percent of formula is out of stock, and in many states, like Texas and Tennessee, more than half of it is gone. What's going on? The immediate cause is the shutdown of a Michigan plant. But shutdowns and recalls happen all the time, and they rarely cause a national crisis like this. Economist Scott Lincicome says the real culprit lies in America's trade and regulatory policy. He explains how we got here and how we can get back to a rational baby formula policy in America.
If you have questions, observations, or ideas for future episodes, email us at [email protected].
Host: Derek Thompson
Guest: Scott Lincicome
Producer: Devon Manze
Learn more about your ad choices. Visit podcastchoices.com/adchoices