Starving Children as a Disciplinary Measure - Is it Wise?

Something struck my mind while I was going through some of the training measures suggested under the latest post (in the sister group of this blog - "Heart Clinic with 'Nido" on facebook), which I would like us to consider. When children err, one of the disciplinary methods many parents resort to is to starve the child. And you will hear things like, "I'm not going to feed you today and I will make sure you don't take any food from this house to school today! You better go and look for where to get your food for the next three (3) days because there is nothing for you in this house not even pocket money! Let hunger teach you a lesson..." and so on"
Now, my question is, have you experienced this before? Whether your answer is "Yes" or "No", would you encourage such measure, considering the possible consequences? Would you also treat your children same way?