Fair trade coffee

Economics Economics Questions
1

Just a quick question about the Austrian economic approach to things like fair-trade coffee:

http://www.cbc.ca/news/background/fair-trade/

My gut feel is this is another example of artificially tampering with the markets for the benefit of a select few. Something like benefitting a small group of coffee producers at the cost of many consumers who are paying more for their coffee?

2

sigh

nevermind. I need to work on my search terms before I post:

3

You should give yourself for answering. Yourself.

4

i lol’ed.

5

Here’s a study from the Adam Smith Institute going on about so called Unfair Trade.