Amidst all the nannying fussbucketry about sugar, I stumbled on a consequence of making the evil white stuff more expensive:
In the 1980s when the US price of sugar was pushed as much as four times higher than the world price there were many smuggling schemes if not actual sugar-runners. In our textbook, Modern Principles, Tyler and I discuss one scheme where Canadian entrepreneurs shipped super-sweet iced tea to the United States where the “tea” was then sifted and the sugar resold.
Bans, tariffs, price-fixes - all the things so beloved by the fussbuckets - are just a recipe for cheats and criminals to thrive.
....
In
the 1980s when the US price of sugar was pushed as much as four times
higher than the world price there were many smuggling schemes if not
actual sugar-runners. In our textbook, Modern Principles, Tyler and I
discuss one scheme where Canadian entrepreneurs shipped super-sweet iced
tea to the United States where the “tea” was then sifted and the sugar
resold. - See more at:
http://marginalrevolution.com/marginalrevolution/2014/01/is-the-sugar-quota-justified.html#sthash.FHa9wuS7.dpuf
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