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The Chicago Way

It’s an almost poetic coincidence that the day after Greek voters loudly told European technocrats in Brussels and German bankers in Berlin to stuff it, the futures trading CME Group quietly moved its last, open-outcry commodity trading pit from Chicago’s Loop to the perfectly technocratic, globally homeless electronic market.
The Greek “No!” vote, like the Greek-European […]

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Why Does Monsanto Want Syngenta?

On the mid-1970s, southern Illinois dairy farm of my youth, we viewed Monsanto Co.’s new, systemic weed killer, Roundup, as a miracle cure to our biggest perennial headache, Johnson grass, the hard-to-kill weed still listed as one of the 10 worst weeds in U.S. agriculture.
The new herbicide wasn’t cheap–$70 per gallon, if memory serves—but it […]

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