Iceland has this wrong
Subsidising corn production in Iceland is the silliest policy idea I have seen in a while
Does this look like Iowa to you?
Iceland’s Prime Minister, Katrín Jakobsdóttir, told the Financial Times this week that her government would subsidise corn production in Iceland. She claimed that disruptions to trade meant that they needed to reduce their reliance on imports. This is absurd, for so many reasons.
First, …