Agricultural subsidies in grains, cotton, milk, sugar, tobacco, honey, wool, and peanuts are analyzed in this examination of U.S. farm policy. Looking at such programs as food stamps, crop insurance, subsidized credit, trade credit, trade subsidies and import restrictions, conservation, agricultural research, and taxation, this historical perspective argues that these subsidies ultimately redistribute wealth to powerful agricultural interests who use their political clout to advance their economic interests at the expense of the general public. This analysis of government farm programs will appeal to professors and students who study agriculture; people affected by government farm policies; public officials, and businesses affected by agricultural policy such as those in food service, retail, and distribution.
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About the Author
E. C. Pasour, Jr., is a professor of business and economics at North Carolina State University and the author of Agriculture and the State. He lives in Raleigh, North Carolina. Randall R. Rucker is a professor of agricultural economics at Montana State University. He lives in Bozeman, Montana. Bruce L. Gardner is the former assistant secretary for economics in the U.S. Department of Agriculture and the dean of the college of agriculture at the University of Maryland. He lives in College Park, Maryland.
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7 of 7 people found the following review helpful:
5.0 out of 5 stars
Ag policy would be funny if it were not so tragic,
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This review is from: Plowshares & Pork Barrels: The Political Economy of Agriculture (Independent Studies in Political Economy) (Paperback)
This book defines the terms "perverse incentives" and "unintended consequences." At virtually every turn, from subsidies and set-asides to tariffs and quotas, the authors show that U.S. agricultural policy is not only expensive and unproductive, but also economically damaging to farmers everywhere - domestic and foreign.
"Plowshares and Porkbarrels" is a must read for all who are concerned with the continued competitiveness of American industry, services, AND FARMING.
2 of 2 people found the following review helpful:
5.0 out of 5 stars
Every American should read this book,
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This review is from: Plowshares & Pork Barrels: The Political Economy of Agriculture (Independent Studies in Political Economy) (Paperback)
I found this book to be easy to understand and interesting to read. Every American should read this, period. While farm subsidies are not as interesting as other profligate government spending programs they are nevertheless an integral part of our problems. All pundits, independents, conservatives, and Leftists should check this out. Highly recommended.
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