Economics in One Lesson XII: “Stabilizing” Commodities

Posted: May 29, 2012 by ShortTimer in Economic freedom, Economics
Tags: ,

From “On the Other Hand” by the western Canadian Frontier Centre for Public Policy:

They still make fun of Newfies.

The short discussion of how Canadian agriculture works with regards to “stabilizing” commodities makes it a lot more palatable.  Without US politics around a discussion of how product prices change, it makes it easier to understand.  There’s no fallacious argument for or against industry protection that’s inherent and intertwined with the discussion, since few folks outside of Canada pay much attention to their agribusiness politics.


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