JAPAN'S RICE mountain is a monument to the irrationality of economic protectionism. Rice-growing in Japan is notoriously inefficient. But it is also the source of income for a powerful political constituency, so the country blocks consumers from eating imported rice. As a sop to the United States...
Release the Rice (III)
JAPAN'S RICE mountain is a monument to the irrationality of economic protectionism. Rice-growing in Japan is notoriously inefficient. But it is also the source of income for a powerful political constituency, so the country blocks consumers from eating imported rice. As a sop to the United States...