<html>
  <head>
    <meta content="text/html; charset=ISO-8859-1"
      http-equiv="Content-Type">
  </head>
  <body text="#000000" bgcolor="#FFFFFF">
    <div class="moz-cite-prefix">On 16/04/2013 06:55, spike wrote:<br>
    </div>
    <blockquote cite="mid:000901ce3a67$00bfb7d0$023f2770$@rainier66.com"
      type="cite">
      <meta http-equiv="Content-Type" content="text/html;
        charset=ISO-8859-1">
      <meta name="Generator" content="Microsoft Word 14 (filtered
        medium)">
      <style><!--
/* Font Definitions */
@font-face
        {font-family:Calibri;
        panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
        {font-family:Tahoma;
        panose-1:2 11 6 4 3 5 4 4 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
        {margin:0in;
        margin-bottom:.0001pt;
        font-size:11.0pt;
        font-family:"Calibri","sans-serif";}
a:link, span.MsoHyperlink
        {mso-style-priority:99;
        color:blue;
        text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
        {mso-style-priority:99;
        color:purple;
        text-decoration:underline;}
span.EmailStyle17
        {mso-style-type:personal;
        font-family:"Calibri","sans-serif";
        color:windowtext;}
span.EmailStyle18
        {mso-style-type:personal-reply;
        font-family:"Calibri","sans-serif";
        color:#1F497D;}
.MsoChpDefault
        {mso-style-type:export-only;
        font-size:10.0pt;}
@page WordSection1
        {size:8.5in 11.0in;
        margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
        {page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
      <div class="WordSection1">
        <p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
        <span style="color:#1F497D">I had an idea related to my earlier
          urging you to not buy honey this year: do buy almonds.  They
          will cost a lot this year, but my idea is this: if we go ahead
          and buy overpriced almonds, then the almond growers will be
          more able to borrow capital with their almond groves as surety
          for the loans.  If so, they can use the borrowed money to
          invest in stationary hives.  Then the almond growers would be
          less likely to extract honey, which would reduce risk from
          neonics in the honey-replacement syrup.</span></div>
    </blockquote>
    <br>
    Ah, now we have a chance to get into a good, old-fashioned
    libertarian rage! Because this won't work, because of... government
    central planned economics.<br>
    <br>
    I kid you not. Take a look at<br>
    <a
href="http://www.almondboard.com/Handlers/HandlerServices/MarketingOrder/VolumeRegulation/Pages/Default.aspx">http://www.almondboard.com/Handlers/HandlerServices/MarketingOrder/VolumeRegulation/Pages/Default.aspx</a><br>
    The Almond Board is controlling the almond production as per a
    federal marketing order. They literally take a sizeable chunk of the
    production from growers, decide what the optimum price should be to
    have an "orderly" market, and sell it to that price. Growers are not
    allowed to just sell their production to whoever they want for
    whatever price they agree on.<br>
    <br>
    The Economist has some eye-opening articles about the raisin case:<br>
    <a
href="http://www.economist.com/blogs/economist-explains/2013/04/economist-explains-why-america-regulate-trade-raisins">http://www.economist.com/blogs/economist-explains/2013/04/economist-explains-why-america-regulate-trade-raisins</a><br>
    <a
href="http://www.economist.com/news/united-states/21574522-supreme-court-grapples-tiny-fruit-de-minimis-curat-lex">http://www.economist.com/news/united-states/21574522-supreme-court-grapples-tiny-fruit-de-minimis-curat-lex</a><br>
    <br>
    So, in this case I think one can make a case that government
    planning is killing bees. Because I am pretty confident that this
    breaks the price mechanism that you mentioned: more almond sales
    will not lead to correspondingly higher prices that will allow the
    growers to have more bees. Rather, the board will dampen this effect
    (since this might be bad for the marzipan industry, or whatever).<br>
    <br>
    <br>
    (The almond tree outside St. Mary's cathedral here in Oxford is
    *finally* blossoming.<br>
    <a href="http://www.flickr.com/photos/arenamontanus/2284705312/">http://www.flickr.com/photos/arenamontanus/2284705312/</a><br>
     I will check for bees, but in my experience Oxford bees are pretty
    indoorsy. In fact, some live in the lion's mouth:<br>
    <a href="http://www.flickr.com/photos/arenamontanus/3604205031/">http://www.flickr.com/photos/arenamontanus/3604205031/</a>
    ). <br>
    <br>
    <pre class="moz-signature" cols="72">-- 
Anders Sandberg,
Future of Humanity Institute
Philosophy Faculty of Oxford University </pre>
  </body>
</html>