It is our natural inclination to find stable patterns and meaning in the chaotic world around us. This assists in our efforts to understand the past and forecast the future. The starting point of this essay is the phrase "dismal science" which is an often used 'epitheton ornans' of economics....

This paper provides evidence on private standards on genetically modified (GM) organisms for 44 retailers operating in 54 countries, distinguishing between retailers not using GM ingredients, and retailers using ingredients which are potentially GM in private label products. Using this...