Greg Mankiw's Blog
Random Observations for Students of Economics
Sunday, July 2, 2006
Rational Farm Policy
Today's Washington Post describes
U.S. farm subsidies
as "a complex web that has little basis in fairness or efficiency." A perfect example of
rent-seeking
.
Here is the right policy: Not one dime more.
No comments:
Post a Comment
‹
›
Home
View web version
No comments:
Post a Comment