Get rich through farming, says Time

From Stephen Gandel, in Time Magazine:

“If you want to become rich, Jim Rogers, investment whiz, best-selling author and one of Wall Street’s towering personalities, has this advice: Become a farmer. Food prices have been high recently. Some have questioned how long that can continue. Not Rogers. He predicts that farming incomes will rise dramatically in the next few decades, faster than those in most other industries — even Wall Street.

The essence of his argument is this: We don’t need more bankers. What we need are more farmers. The invisible hand will do its magic. “The world has got a serious food problem,” says Rogers. “The only real way to solve it is to draw more people back to agriculture.”

It’s been decades since the American heartland has been a money pump and longer since farming was a major source of employment. Old rural towns have emptied as families — and the U.S. — have moved on. Technology, service jobs and finance have been the basis of the economy since at least the 1980s. Farming became the economic equivalent of a protected species — supported by a mix of government handouts, lax regulation (agriculture is one of the few industries shielded from certain child-labor laws) and charity concerts.

Get the whole story from Time Magazine.

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2 Comments

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2 responses to “Get rich through farming, says Time

  1. If you check the companies that are here in this article and say they invest in farming, you will find that they are in support of big commercial farms. This is the case for most of them. They are interested in farming as far as who is farming for large commodity items like corn. More GMO crops, and more connection with a corrupt food supply and support system. The only way to change this around is thru small and medium size farming or large farms that will truly go Organic and biodynamic. The distribution system like the Milkman delivery system coming from each farm into the towns can help with the growth and development. For more information about this and how you can set up Milkman distribution systems for this type of support, send email to Ed Hartz at : themilkmancompany@earthlink.net. Meanwhile the CSA’s and Farmer’s Markets are showing more signs of control and corruption. And so they are not the answer for the small to medium size farms. Distribution is key.

    Milkmen USA

  2. sheldon Hassart

    We need more Farmers like my self to create the world food security Programme.

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