Showing category "Fair Trade" (Show all posts)

Fair Trade - A talk by Nick Hunt

Posted by on Wednesday, September 25, 2013, In : Fair Trade 

Fair Trade - A talk by Nick Hunt

I found Nick's talk very interesting and it provoked several subsequent discussions with friends. He started by describing Free Trade as that which follows the laws of supply and demand with an underlying profit motive. Supply can be manipulated in international markets to the detriment of small local producers. Supply can be enforced when there is demand even against the best interest of the recipients - he cited the Opium Wars of the 19th Century when Britain...

Continue reading ...