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The modern horn of plenty

The modern horn of plenty

A large cornucopia labeled “Cold Storage Warehouse” stores a significant amount of farm produce, creating an artificial shortage, in an effort to drive up the price of food in the marketplace. A group of people stand outside the locked door labeled “Closed for Higher Prices,” while, in the background, farm produce is being delivered from both sides for cold storage.

comments and context

Comments and Context

The downside of prosperity, such as was enjoyed during Theodore Roosevelt’s presidency, was a byproduct of human nature: sometimes retail prices rose not because of higher demand or better production standards, but because retailers — often the “middlemen” — could manipulate prices.