Swamp Fox
08-03-2005, 11:02 AM
One of the demons of God-fearing, bible thumping free-market free trading economists are agricultural prices, which are considered as evil as the Soviet Union. In Canada, the typical complaint is that the agricultural marketing boards jack prices up, so the price of food is less competitive than in the US, and society is worse off economically - it can be shown, at least in theory, that the benefits to the farmers would be less than the costs to the consumers. As my professor said in that course, if you go across the border and compare the price of food, you have to ask yourself if price fixing is really good for Canada.
I don't know if there's price fixing of this kind in the US, and I know very little about agricultural economics, but I would think that artificially raising prices is bad.
Comments? Not that any of us are home boys, but never mind.
http://www.theglobeandmail.com/servlet/story/RTGAM.20050803.wxrcheese03/BNStory/Business/
I don't know if there's price fixing of this kind in the US, and I know very little about agricultural economics, but I would think that artificially raising prices is bad.
Comments? Not that any of us are home boys, but never mind.
http://www.theglobeandmail.com/servlet/story/RTGAM.20050803.wxrcheese03/BNStory/Business/