ARE CURRENT U.S. FARM COMMODITY PROGRAMS OUTDATED? ARGUMENTS IN THE AFFIRMATIVE

Luther G. Tweeten

Western Journal of Agricultural Economics, 1985, vol. 10, issue 2, 11

Abstract: Farm commodity programs devised over one-half century ago have outlived their usefulness. The structure of agriculture is different today than in 1933. Comparatively little excess labor remains in farming. The industry is capable of adjusting to change likely to develop over the next decade or so. Current problems in agriculture are the result of macroeconomic policies and commodity programs. The paper presents elements of a transition program to lower the government's role in supporting farm prices and incomes.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32320

DOI: 10.22004/ag.econ.32320

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