Butter-nomics: Protectionism and food shortages

posted by
December 20, 2011
OpenMarket.org
by Daniel Rivera Greenwood  
Posted in Commentary

"Norway, a fully industrialized country and ranked first in the latest Human Development Index, a United Nations’ metric that tries to quantify the quality of life across countries, is suffering through a butter shortage, a common food staple and an important input in the food industry. Food shortages wouldn’t be out of place in places like Cuba, North Korea, Venezuela and some poor Sub-Saharan nations; it is almost unfathomable that they occur in one of the most developed nations in the world." (12/20/11)

http://tinyurl.com/7y6ubzv  

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