20.8.03
SAVE THOSE CHICAGO CANDY FACTORIES. Asymmetrical Information and Daniel Drezner point to a new weblog (supported by London's Guardian) urging the end of agricultural subsidies in the developed countries. The joining of Third World interests and open market advocacy is not that astonishing. Efforts to raise the income of growers in the developed countries have the effect of hurting manufacturers in the developed countries, in ways that leave the growers worse off as well.
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