And here's where the fool trips over his own model.
I've spent more than a year traveling various Latin American countries. You, apparently, have not, otherwise you would know that food in the local markets is much, MUCH cheaper that that found in any supermarket. Furthermore, it is homemade from fresh ingredients that are locally grown. Ie, the money stays in the community.
The people in these countries that shop at big box grocery stores like Walmart do so because they can AFFORD THE CONVENIENCE of bulk packaging, processed foods, frozen meals, and preservatives, not because they can't afford to shop elsewhere. Your idiotic tortilla example, the basis for your entire argument here, really, is based on a your signature ignorance of the 'externalities' on the ground.
And, like any good intellectual elitist, you will apply your model, ignoring realities even a casual tourist would realize within a couple days of an in country visit, until the very end because, in your own mind, YOU KNOW YOU MUST BE RIGHT. But you don't need any models, graphs, or tear jerking real life examples to best the intellectual elitists of the world. You'll find one staring right back at you in any mirror.
Cough.
"In recent months, as rising prices for U.S. corn pushed up the price of Mexico's corn tortilla, a staple for millions of poor, Wal-Mart could keep tortilla prices largely steady because of its long-term contracts with corn-flour suppliers. The crisis turned into free advertising for Wal-Mart, as new shoppers lined up for the cheaper tortillas.
Here's what's behind your cheap American corn, Free Market Boy; US government subsidies.
Just how many more times would you like me to step all over your dick in front of a live audience?
How the US can export corn to Mexico, a corn producing nation
I wonder if any of you intellectual heavyweights have ever read Ricardo......
No, but Ricard is one of my heros. Happen to have