Sunday, January 16, 2011

A fresh whiff of onion breath

There are tons of proponents of the free market (including this blogger) who will advocate that most regulations are unnecessary. Incidentally, it so happens that more often than not, market deregulation seems to benefit the rich.

Avinash offers the same argument, but turns the results upside down. Why ban onion exports, he argues, when the apparent beneficiaries are going to be farmers, the ones who always bear the brunt when prices go down?

Short but interesting read here.

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