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Unscrambling the Price of Eggs

The fate of the nation, as we have all learned, hangs on the price of eggs. But have you noticed that the price of some eggs has risen much faster than others? In the past, if you went down to your farmers’ market and bought eggs laid by local free-range hens living under humane conditions, you had to pay a big premium. But now, if you go to Walmart or Kroger and buy conventional eggs produced by caged hens on supposedly super-efficient industrial-scale farms, you are likely to pay just as much or even more.

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