Do 125,000 Farmers Deserve $14.3 Billion?
A farmer drives a combine harvester through a field of wheat during the summer harvest on a farm in Kony village, outside Gyor, Hungary. (Photographer: Akos Stiller/Bloomberg)

Do 125,000 Farmers Deserve $14.3 Billion?

(Bloomberg Opinion) -- The European Union’s Common Agricultural Policy — also known as CAP — is a 58-billion-euro ($64 billion) system of farm aid that accounts for the bloc’s biggest single budget...
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