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January 29, 2004

Counterfeiting American Ingenuity

Dr. Bob Goodman, Alabama Extension economist and Auburn University associate professor of agricultural economists, has often pondered the irony of countries such as Brazil complaining about U.S. farm subsidies. Through the illegal use of genetically engineered crops, Brazilian farmers are able to avoid the technology fees American farmers regularly pay to grow these crops legally – a subsidy by any other name. But Brazil isn’t the only country profiting illegally from the fruits of American ingenuity.

Other countries are making a killing using the same strategy. And there is very little Americans can do to stop them.

Posted by Jim Langcuster at January 29, 2004 04:07 PM
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