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Chives

Chive Risotto Cakes

June 29, 2010 by Charles 2 Comments

Giffen goods are a hot commodity – literally.

Giffen goods, named for the economist Sir Robert Giffen, are goods that do not respond to normal economic forces.  In a normal marketplace, the price and quantity of goods situate according to the well-established supply and demand curves.  And according to these economic principles, as the price of a good rises, the demand for the good at that price, falls.  Think about your standard flat-screen television.  At $1,200, the market for the product is understandably tepid.  And for that price, you might even settle for the old tube screen.  But at $400, suddenly your living room and kitchen are now boasting brand new televisions.

Giffen goods defy that logic.  As the price …

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Filed Under: Appetizers Tagged With: Chives, Frying, Ina Garten, Rice, Risotto, Steaming

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