February 16, 2005 (vol. 115, iss. 83) • Page Image 7
… NEWS The Michigan Daily - Wednesday, February 16, 2005 - 7 STIGLITZ Continued from page 1 off," Stiglitz said. Stiglitz explained the problem with the trade market using cotton farmers. "The way you get subsi- dies is you grow more, so as these American farmers produce more, the price of cotton goes down and it hurts ten million cotton farmers in Sub-Saharan Africa. So the poorer are made poorer and the rich are made richer," he said. "In ...…

















































