Abstract
This article reviews two stylized theories of famine causation, ‘food availability decline’ (FAD) and ‘food entitlement decline’ (FED), as competing explanations of the famine of 1972–1974 in Wollo province, Ethiopia. A. Sen's ‘market entitlement failure’ argument is challenged by J. Seaman and J. Holt's ‘price ripple’ hypothesis. A consideration of the role of transactions costs and wealth inequalities suggests a synthesized approach: Wollo 1972–1974 was a FAD (supply slump) famine for the relatively wealthy, and an ‘entitlements collapse’ (demand slump) famine for the absolutely poor.
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