Economics, quicklink

CAP. Again.

However much I am fascinated by institutionalised European cooperation (aka EU), there’s one policy area in which even the most pronounced criticism is likely to be insufficient: The Common Agricultural Policy – reform resistent. Not that the US is only concerned with its effects on the world’s poorl, given the US farmers’ export interests, but disregarding underlying interests for the moment – the criticism sticks (from the NY Times).