John Stossel: Why Is Government Fixing the Price of Milk?


Credit: rick harrison / / CC BY-NC-SA

Congress is working on a farm bill, which, among other things, will set limits on how high or low milk prices can be in different regions of the country. But why should politicians be involved in agriculture? Why should they set food prices, any more than they set the price of books or staplers? The market decides most prices, writes John Stossel, so we don't have to wait with bated breath for politicians to make up their minds.