1. Why does agriculture get so heavily subsidized almost everywhere in developed world?
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3. But I think the real reason for farm subsidies is actually nationalism: no nation wants to depend on its food security on another country
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4. But farm subsidies have perverse effects not just on economics but also ecology (see California's water problems).
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@chmtp@HeerJeet Government market distortions make food more expensive. http://www.heritage.org/research/reports/2014/06/us-trade-policy-gouges-american-sugar-consumers …
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@HeerJeet Food is a commodity where boom-&-bust cycles cause worse suffering than for ordinary widgets.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@HeerJeet Those subsidies are also a mechanism of control for the urban elites that often rule federal systems: http://wapo.st/1yPkomz .Thanks. Twitter will use this to make your timeline better. UndoUndo
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