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Sunday, November 10, 2013

Efficient Markets and Food Labels

You are wrong to endorse the voluntary disclosure of Genetically Modified ingredients in the food we eat (Labels for Controversial Ingredients. New York Times, November 8, 2013: A28).
The underlying condition for effective markets is full information.
Consumers need to be told in order to make an informed choice. That is what the free market demands.

Sent to New York Times

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