The Global Reasons That An Ice Cream Cone Now Costs $4.25

If you've gone to an ice cream parlor recently, you may have noticed that a cone (or cup) of ice cream has gotten more expensive. But before you chalk it up to regular inflation (as you might with rising prices for stamps or movie tickets), you should read this investigation of the cost of ice cream in the Boston Globe.

It turns out that recent increases in ice cream costs have global causes—from skyrocketing demand for dairy in suburban Shanghai to a beet-killing cyclone in Australian farm country. The piece, by following the economics of a single menu item, provides an illuminating window into the food price hikes that have affected people in every part of the world over the last several years.

(Via Kottke)