fyffes@feddit.orgtoEurope@feddit.org•'Nobel economics prize' awarded to trio for work on links between institutions and prosperityEnglish
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21 days agoGreat news, and great that work that criticises extractive institutions got recognised. If you haven’t read it, I can highly recommend their book ‘Why nations fail’
Well in this instance it would already help to not pay more the more land a farmer owns. I have farmers in the wider family and they had to basically stop doing it as a full time job, because it wasn’t economically feasible anymore as a “small” farm (~30 hectares). It’s shocking what’s considered small in terms of farming nowadays.