11.11.03

WHO IS GRUMPING ABOUT DUMPING? Cotton? Grown in the Arizona desert using subsidized water? (Hint: there is a reason the Land of Cotton has fever swamps and alligators.) Jacob Sullum provides a useful summary of the corporate welfare, environmental degradation, and impoverishment of the Third World that converting portions of Arizona into Dixie Land brings with it. In other trade follies, Asymmetrical Information anticipates, gloomily, the likely fallout of the World Trade Organization objecting to the protective tariff for a few U. S. steel manufacturers.

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