NY Times Gets [Another] F in Economics

In an article full of economic idiocy this paragraph is especially bad. :

The assumption was that tens of thousands of farmers who cultivated corn would act “rationally” and continue farming, even as less expensive corn imported from the United States flooded the market. The farmers, it was assumed, would switch to growing strawberries and vegetables — with some help from foreign investment — and then export these crops to the United States. Instead, the farmers exported themselves, partly because the Mexican government decided to reduce tariffs on corn even faster than Nafta required...

The Planners stick to script - IF ONLY those Mexicans learned to be rational it would have worked! With better planning NEXT time it will be different...