Do Food Regulations Work?
Why do we consume so much high fructose corn syrup? Why does America suffer from an obesity epidemic? And why are fruits and vegetables so expensive? Professor Dan D’Amico of Loyola University argues that special interests and government policy are at least partly to blame. According to Professor D’Amico, rent seeking and regulations — such as “organic” certification — results in lower costs for less healthy foods and higher costs for nutritional foods.
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