Wednesday, May 18, 2011

Fair trade makes Nicaraguan coffee farmers poorer than their free trading neighbors

It turns out (once again) that attempts to restrain trade have negative and unpredictable effects.  Detailed research over 10 years shows that Fair Trade has apparently hurt the standards of living of those beguiled by its neo-Marxist cliches.  Read the whole thing.

http://www.openmarket.org/2011/05/17/trade-week-fair-trade-isnt-fair/

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