Oct 1, 2009

Farmers and Market Incentives

Last week we mentioned how the plummeting prices for cow milk are causing farmers' protests and urgent re-action by policymakers. In the meanwhile, in the Swiss Alpine region of Appenzeller, some farmers have increased the production of goat milk, because for each liter they produce, they get twice as much as what they get payed for cow milk. Watch this video to enjoy the beauty of the landscape, the poetry of farmers' life, and the working of the invisible hand.

No comments: