Everything I ever wanted to get accross about farm subsidies

The Economist sums it up more succinctly than I’ve ever managed to:

Most of the [agricultural] subsidies and trade barriers have come at a huge cost. The trillions of dollars spent supporting farmers in rich countries have led to higher taxes, worse food, intensively farmed monocultures, overproduction and world prices that wreck the lives of poor farmers in the emerging markets. And for what? Despite the help, plenty of Western farmers have been beset by poverty. Increasing productivity means you need fewer farmers, which steadily drives the least efficient off the land.

Read the full story, here