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NDSU faculty member co-writes Fortune article on baby formula shortage

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Raymond March

Raymond March, NDSU assistant professor of economics, recently co-wrote an article in Fortune magazine about a baby formula shortage in the United States.

The article, “The FDA could easily solve the baby formula shortage by allowing more imports from Europe,” was published on March 18 in the Commentary section. It’s other co-author is Glenn L. Furton, assistant professor of economics at Metropolitan State University in Denver.

In the article, March and Furton write that the FDA could end the baby formula shortage by lifting some of its restrictions that prevent products made in Europe from being sold in the United States.

“Fortunately, the agency can prevent the formula shortage from becoming a crisis by slashing regulations and issuing an emergency use authorization for international formulas that already have been approved by regulatory authorities in Great Britain, the European Union and elsewhere,” March and Furton wrote.

March and Furton also write, although emergency use authorization for baby formula would be unprecedented, it's our best option to stop an emerging public health emergency and widespread infant malnourishment.

"The formula shortage is causing parents to take drastic and sometimes harmful actions to feed their babies. Glenn and I think EUAs could be the solution–and we very excited Fortune shared our work," March said.

March is a scholar with the Center for the Study of Public Choice and Private Enterprise at the Challey Institute for Global Innovation and Growth. He also is a research fellow and director of at the Independent Institute in Oakland, California.

March earned his bachelor’s degree in economics and business management from Florida Gulf Coast University in Fort Meyers. He earned masters and doctoral degrees in agricultural and applied economics from Texas Tech University in Lubbock.

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Last Updated: Wednesday, February 01, 2023 1:16:03 PM
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