Tuesday, December 20, 2011

The stupid, it burns!

Norway's butter protectionism just jumped the shark.

Last week I showed how Norway's stupid "buy local" style butter laws reveal the real consequences of restricting consumers to local producers. The country is experiencing a butter famine, thanks to unexpected low production and high demand, and those trade barriers are blocking butter from entering the nation.

Now two Swedes have been arrested for helping the public by bringing butter into the Norway. Remember how 250 grams, or about two sticks, was selling for the equivalent of $13? These guys were selling the same amount for $42. High, yes, but not as high as some Swedes were asking for online.

Mike Munger double posted on this issue, on his regular blog and the new euvoluntary exchange blog, and came to the same conclusion: Norwegian consumers are suffering from a lack of butter and the authorities are still patrolling the borders to keep any new butter out.

This is akin to the Haitian government blocking post-earthquake volunteer doctors from entering the country to promote the domestic medical industry. After this incident if you require more proof before you'll believe that "buy local" is a wasteful pipe dream, odds are you won't be literate enough to read it.

Sorry Norwegians, I'd love to help you out, but if I did I'd be arrested.

No comments:

Post a Comment