The Importance of Income Transfers in Agriculture

There are two aspects to it. One is, of course, that power is free but the other also is that power is irregular. You cannot have free pow, because then you're not optically adjusting for it. So i think the only sort of economically sensible thing is to slowly move towards just blanket income transfers. But there will be a phase transition where you you do it slowly, and then you realize there are glitces,. There won't be a perfect solution to begin with. We'll make small baby steps," he says.