Life After Subsides
New Zealand removed all subsidies on its agriculture back in 1985. How has life been since then? From the AP: bq. "Granted, twin-island New Zealand is only the size of Colorado with a population of 4 million, and represents a mere thimbleful of the world's agriculture. But the evidence is there, its farmers say: Since the government's momentous decision to abolish all 30 agricultural subsidies, their productivity has grown, farming's share of gross domestic product has risen as has the rural population, and family farms have survived and are thriving. Not quite the scenario that the doom-and-gloomers probably had in mind, eh? Read the whole article.
