Tuesday, November 22, 2011

What is Fair Trade and Does it Work?

Here's an introduction to the concept of "fair trade" - the icon you've seen (most likely) on coffee bags. It usually refers to handicrafts and agricultural products from the developing world.

What is it? Among other things, a way for individual producers to remain individually employed and earn higher wages (good or bad? effective or not? read up and make up your own mind).

Quick and dirty link to our holdings on "fair trade" books
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The relevant subject heading is Consumption (Economics)

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