Suggest to your student that s/he read Sweet Charity by Jan Poppendieck. It's sociology, not economics, but it gets the point across.
Joel Blau Original Message: ----------------- From: soula avramidis [EMAIL PROTECTED] Date: Tue, 28 Jun 2005 03:50:13 -0700 To: [email protected] Subject: Re: Query on relative prices It is not the dort of question I ask. But I have a zealous free market student who thinks that distrbution of food in kind would not distort the beautiful market mechanism and hence lead to more positive outcomes... It is wooly question... becsuase the impact on the budget would be the same. Robert Scott Gassler <[EMAIL PROTECTED]> wrote:Properly done, either could encourage production. A subsidy would allow people more choice of what to eat. At 08:32 AM 6/28/05, you wrote: In a country where part of the population is suffering from malnutrition, which is the better policy, a subsidy on basic foods or a hand out in kind? which of these policies will affect relative prices in a way that encourages/discourages food production? Yahoo! Mail Stay connected, organized, and protected. Take the tour Robert Scott Gassler Professor of Economics Vesalius College of the Vrije Universiteit Brussel Pleinlaan 2 B-1050 Brussels Belgium 32.2.629.27.15 --------------------------------- Yahoo! Sports Rekindle the Rivalries. Sign up for Fantasy Football -------------------------------------------------------------------- mail2web - Check your email from the web at http://mail2web.com/ .
