▲ | os2warpman 4 days ago | |||||||
Food isn't a ECON101 factory widget. Farm subsidies are both the single most important national security policy a nation can have, and an incredibly inexpensive yet extremely effective insurance policy. | ||||||||
▲ | mewse-hn 4 days ago | parent [-] | |||||||
The Omnivore's Dilemma points out that the food economy doesn't even behave like the normal economy - supply is variable due to weather (bumper crop vs famine year) but demand is inelastic, people generally eat the same amount year-to-year. How do you grow your food business if people only eat so much? One method is to increase portion sizes. | ||||||||
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