Smash Notes
Why Do Senators From Florida And South Dakota Support Sugar Import Restrictions?
Senators from Florida and South Dakota support sugar import restrictions because sugar cane and sugar beets grow in Florida and South Dakota. The people who grow sugar cane and sugar beets are really focused on keeping foreign sugar out. The average consumer pays ten, twenty-five, whatever it is, percent more for products that contain sugar. Sugar import restrictions enrich a very small group of people and impoverish a very large group of people a small amount.
EconTalk
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Public Choice and Politics Without Romance (with Mike Munger)
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at 1:01:37
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·Transcript
People
On this episode
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