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August 05, 2007

Oh Dear

Err, I think not (as always, happy to be corrected though).

Farmers, organic or otherwise, are rewarded for overproduction by the common agricultural policy, so they overproduce - it’s not like they’re doing so fabulously that they can wave the money away.

EU subsidies are now based upon acreage alone. They are no longer tied to production.

August 5, 2007 | Permalink


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FWIW this is the official EU brief: The Common Agricultural Policy Explained:

This is the Wiki entry:

And this is the BBC brief: Q&A Common Agricultural Policy

Posted by: Bob B | Aug 5, 2007 8:22:50 PM

CAP is negative land value tax at its worst.

Posted by: Mark Wadsworth | Aug 6, 2007 10:38:57 AM