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So let food prices rise. This is a more honest method of accounting, because it is the people consuming the food who pay the cost of producing the food. The st
by nayuki 4y ago
So let food prices rise. This is a more honest method of accounting, because it is the people consuming the food who pay the cost of producing the food.
The status quo is that people indirectly pay for food through taxes, higher service cost, and other distortions that have no relation to how much food they consume. They are forced to pay a subsidy whether they like it or not.
Don't forget foreigners: If your country has a subsidized food production system and you're exporting food, then foreigners are benefiting from your subsidies. (This is actually a debate in Canada vs. USA regarding milk.)
- alexb_ 4y ago>So let food prices rise. "Let them eat cake"