IMF Presses World to Scrap Farm Subsidies – The world economy would gain an annual boost of 128 billion dollars if lavish farm subsidies were scrapped, the IMF said in a report. Industrialized nations spent more than 300 billion dollars last year on agricultural subsidies — six times the total government aid to developing countries, ...
Karzai weathers power struggle, but at a price – Hamid Karzai is on a roll. A majority of the 502 delegates to Afghanistan’s constitutional convention now favors the strong presidential system that Mr. Karzai is pushing. The emerging consensus is a big win for Karzai and for the United States, which installed the ethnic Pashtun ...
A BBC article claims “Pakistan is ready to put aside its demand for a referendum in the disputed territory of Kashmir, President Pervez Musharraf has said.” “If we want to resolve this issue, both sides need to talk to each other with flexibility, coming beyond stated positions, meeting halfway somewhere,” General Musharraf said. The Indian ...
Space.com reports that SpaceShipOne has managed it’s first successful powered test flight. On the 100th anniversary of the Wright Brothers flight, it seems to have marked the first successful supersonic manned flight by a non-governmentally sponsored effort. Quite an accomplishment for a privately funded effort. Seems like the X-Prize competition has served to motivate quite ...
p. “(extlink)Adam Smith Institute Blog”:http://www.adamsmithblog.org republished a “(extlink)letter reprinted in the Guardian”:http://www.guardian.co.uk/guardian_jobs_and_money/story/0,3605,1050281,00.html from the British Tax Collection Agency in response to an irate letter from someone owing taxes. It’s quite funny, and certainly more humorous than an American response from the IRS.
Ending Farm Subsidies
Dec
30
2003
Commentary
agegovernmentitsimtar