Go Back   Olive Oil Online Forums > Olive Oil > General & Economics
Home Register FAQ Members List Members World Map Calendar Arcade Search Today's Posts Mark Forums Read

General & Economics Industry financial impact and analysis.

Reply
 
Thread Tools Display Modes
  #1  
Old November 27th, 2003, 04:16 PM
Brian Chatterton
 
Posts: n/a
Scientific progress.

<table border=0 cellpadding=2 cellspacing="0"><tr><td>
<pre>Scientific research (funded by a levy) will not improve prices. We have
been in an agricultural depression for 187 years. It started in 1815. Prices
have fallen continuously in real terms and even more copared to income. The
first 50 years of the depression was due just to free trade. After that
scientific research played an important part in assisting free trade in
keeping prices down.

The theory is the science makes agriculture more efficient. That means
more output for the same inputs. What they don't say is that prices go down
so the additional output is worth the same and you are running harder to
stay in the same place. Farmers feel they need to keep running or they will
get run over - an agricultural rat race.

Cheers Brian Chatterton
</pre>
</td></tr></table>

Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -4. The time now is 05:22 PM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 2.4.5
OliveOilOnline.com

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48