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Fred E. Foldvary

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Fred E. Foldvary is a lecturer in economics at Santa Clara University, California, and a research fellow at The Independent Institute.

In his PhD dissertation (George Mason University, 1992), "Public Goods and Private Communities", he attempted to apply the theory of Public goods and Industrial organizations to a range of private communities. His research interests include "ethical philosophy", governance, land economics and public finance.

Foldvary is also concerned about slavery in chocolate production. He advocates among other things, compulsory labels on chocolate products or on the shelves where chocolate products are sold. This would, Foldvary states, decrease the demand for chocolate products, which are not certified free of slave labour. Manufacturers and suppliers would therefore apply pressure to ensure that cocoa they used was certified slave-free and farms using slaves would lose business. The above is not a market intervention as it enables customers who oppose slavery to make informed choices.[link] For more information see Chocolate and slavery.

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