Redistributing farm land in South Africa isn't pretty. But @Noahpinion says it's the way to kick-start growth https://bloom.bg/2QdeUSG via @bopinion
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If the South African government needs more revenue to pay just compensation to white farmers for their land, they could simply raise taxes on rich South African businessmen, such as Cyril Ramaphosa (net worth $450 million) and his pal Nicky Oppenheimer (net worth $7.6 billion).
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"improved agricultural yields, rising incomes for farmers, reduced rural poverty" ... but sadly ... "new farmers didn’t use all land that was given to them...and production of maize fell by more than half." Noah Smith is the most disgusting liar.
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But there are good reasons to believe this might work, thanks to an inexplicable "fact" about South African farm productivity discovered by renowned Nobel laureate Amartya Sen in India circa 1962.
End of conversation
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