April 21, 2008

Asian Rice Laws

"[Asian] Rice laws and regulations are going in the wrong direction. It takes one back to the British Corn Laws," says [Steve] Hanke.

"These mandated the virtually complete government regulation of British agriculture at the start of the nineteenth century.

"Fortunately, that yoke was removed in 1846. Thanks to the efforts of Richard Cobden, John Bright and the Anti-Corn Law League, the Corn Laws were repealed.

"This resulted in the promotion of free trade, the importation of cheap food and a major surge in British standards of living.

"What rice needs today isn’t more government meddling but a modern version of the Anti-Corn Law League."
That's Steve Hanke of the University of Baltimore

3 comments:

Nurse said...

so what should indonesian goverment do with this condition?

trading computers said...

hmmm...that's interesting....

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