Inflation in India has shot up to 7.4%, and food prices are skyrocketing. To control prices, the government has banned the export of wheat, pulses and all rice, save the luxury basmati variety. But all those measures are at best beside the point and at worst counterproductive. The real solution is to reform the faulty policies that have led to stagnation in food-grain production for almost a decade. |
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Darren Wolfe is the former Eastern Vice Chair of the Libertarian Party of Pennsylvania. He presently blogs as the International Libertarian http://www.theinternationallibertarian.blogspot.com/ His articles have also appeared in Ammoland.com, (more...)