Economics 102 with Prof Abhijit Banerjee [S2 Ep.31]
Conversations With Coleman
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Keeping Subsidy on Small Towns in Europe
In the us, you really have a blight on small towns. Most small towns are dying because agriculture. And part of the agricultural subsidy in europe, for it, doest make lots of small towns and villages picturesque. Those picturesque villages that we go to visit exist partly because of those subsidies. That that's what makes them economically vile. We come home and we find that you n our most of our towns are blighted. It's not an accident. I think it's, it's a reflection of certain policies.
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