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A family friend, who's a farmer, made the decision not to use antibiotics in feed. He then went bankrupt. He claims that was why. Whether or not it is, in his
by Filligree 8y ago
A family friend, who's a farmer, made the decision not to use antibiotics in feed.
He then went bankrupt. He claims that was why.
Whether or not it is, in his specific case, this is a coordination problem. Using antibiotics this way has to be outlawed, because any farmer who unilaterally chooses not to use it is leaving money on the table. In an efficient market, that leads to bankruptcy.