It’s a cliché to say it’s a cliché that the definition of insanity is doing the same thing over and over again and expecting a different result. But it is. As Rick Manning of Americans for Limited Government pointed out in a recent op-ed published by The Hill, there have been eight separate votes in […]…
(By Erin Humiston, Institute for Policy Innovation) – While there are calls for the U.S. to drop its support programs for sugar producers, it’s the policies of countries like Mexico, Brazil, India and Thailand that are distorting the global sugar market and costing U.S. taxpayers. If these market-distorting actions are allowed to continue, the otherwise […]…
As the Indian government continues to boost subsidies to the nation’s sugar industry, some of the more market-oriented are starting to say “enough is enough.” Consider this rather extraordinary editorial published in The New Indian Express on June 27, 2014… Sugar Industry Needs Reform, Not Bailout The bailout plan for the sugar industry, announced on […]…
The global sugar trade is to free markets like sledge hammers are to brain surgery. While critics of the minor protections afforded sugar producers in the U.S. continue to call for the program’s immediate and total elimination in the name of free markets, the rest of the world’s sugar producers are effectively being allowed to […]…
Critics of the U.S. sugar program continue to beat a dead horse about ending domestic import quotas and tariffs in the name of “free markets.” But the last few weeks of roller-coaster policy decisions in India over its own sugar industry demonstrate why the “free market” argument when it comes to sugar is as shallow […]…
Six conservative, free-market organizations submitted a joint coalition letter to the United States Senate and the United States House of Representatives last week urging Congress to maintain its current sugar policy while the U.S. Department of Commerce and the U.S. International Trade Commission investigate allegations that “subsidized sugar is being dumped in the U.S. market” […]…
The World Cup begins this week in Brazil, and I got to wondering how the world would react if the Brazilian government decided to spot the Brazilian team two goals before the start of every game. Hey, it’s not like such a move would be unprecedented in the South American nation – at least as […]…
Critics of the U.S. sugar program of limited tariffs and import quotas can get a look at the future if their objective of universal elimination of the program is realized by taking a look at Tanzania, which privatized it sugar industry 20 years ago and imposes no tariffs or quotas on sugar importation. According to […]…
(by Tom Giovanetti) – As you bit the ears off of that chocolate bunny this past Easter, it probably didn’t occur to you that sugar, the key ingredient that made the bunny so delicious, is one of the most politically charged raw materials in the global economy. Here in the U.S., critics routinely point to our […]…
When you take away an addict’s drug of choice, painful withdrawal symptoms naturally follow. Thus is the case with refiners in India after that nation’s Ministry of Agriculture cut sugar export subsidies by 32 percent last week. According to a report in Business-Standard.com, the Indian sugar market “is currently facing over-supply of 5 million tonnes […]…