The "Food Barons" Jacking Up Your Grocery Bill with Austin Frerick
Whether you're at the grocery store or a restaurant, food is becoming obscenely expensive. It's easy to point to inflation as the sole culprit, but that's only a narrow view of a much bigger picture. For years, the food industry has been falling to monopolists who have been edging out independent farmers. Food quality has gone down, prices have gone up, and it has been a shocking disaster for the environment. This week, Adam speaks with Austin Frerick, an expert on agriculture and antitrust policy, a fellow at Yale, and author of Barons: Money, Power, and the Corruption of America’s Food Industry.