Tuesday, December 13, 2005

Common Agricultural Policy in a Nutshell

In the eyes of Sir Charles Crawford, the British ambassador to Warsaw, EU's common agricultural policy is "the most stupid, immoral state-subsidized policy in human history, give or take communism...It's a program which uses inefficient transfers of taxpayers' money to bloat French landowners and so pump up food prices in Europe, thereby creating poverty in Africa, which we then fail to solve through inefficient but expensive aid programs."

The above is from a story in WSJ, read it here.

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