Subject: Unintended - but predictable - effects

Posted by Bill Rathborne on 1/16/2009
In Reply To:Unintended - but predictable - effects Posted by Michael Round on 1/16/2009

Message:

"The Canadian dairy sector functions under a supply management system,
based on planned domestic production, administered pricing and dairy
product import controls."
see: http://www.dairyinfo.gc.ca/_english/cdi/index.html

I suppose a "compare and contrast" exercise in this particular case
would be instructive! (?) Of course, the Canadian example is a horror
and violation of unfettered free market capitalism that is attacked
constantly, not for its stability of course, but because it is
presumed to artificially inflate prices and offends the NAFTA
agreement. An SD exercise of both systems might lead to some insights?
A sort of bathtub half-full or half-empty question!

Bill

Follow Ups:

Unintended - but predictable - effects - Philip Abode 1/16/2009 
Unintended - but predictable - effects - Eric Stiens 1/17/2009