geonomist

Agricultural Subsidies: Still a Bad Idea

Another positive step to take is letting farmers own land. To spur absentee owners of huge tracts to sell off their excess at prices poor farmers can afford, tax land at its annual rental value. Having to pay the overhead, big owners no longer find it worthwhile to be a middleman. This tax broke up huge estates in Denmark, California, Australia, New Zealand, and Taiwan, Afterwards, working their own land, farmers produced much more food, wiping out hunger in the case of Taiwan, and underpinning development. All those places offer much safer investments than where people still kill over farmland.