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Agriculture

Self-Sufficiency Is Not the Best Policy

The Quebec government has lately been promoting the idea of becoming self-sufficient in the production of food. Just how much are we willing to pay for this dubious benefit?

The Miracle of Supermarkets – The Perspective of the Austrian School of Economics

Although we take supermarkets for granted, our access to such a quantity and variety of food products on demand and at any time of year is absolutely remarkable. This “miracle” is all the more impressive given that it is the result of spontaneous and voluntary collaboration between millions of people, most of whom will never meet. This paper will examine the historical evolution and the current operation of supermarkets and the numerous intermediaries that supply them, using the analytical framework of the Austrian School of Economics.

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