Artificially keeping market prices high so rice farmers can make a living is a justifiable thing. There is no free market if the free market is dead.
Artificially keeping market prices high so rice farmers can make a living is a justifiable thing. There is no free market if the free market is dead.
> Artificially keeping market prices high so rice farmers can make a living is a justifiable thing.
This doesn't make sense to me, if the prices need to be high for farmers to survive, how is it artificial? You're just paying twice, once in tax and once for the product.
Rice imports are also heavily taxed and tightly regulated to maintain high market prices.
>if the prices need to be high for farmers to survive, how is it artificial?
It's artificial because market prices don't actually care if the supplier can survive. The Japanese government cares about the rice farmers' continued existence.