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Agricultural Policy in Disarray: Volume 1
Contributor(s): Smith, Vincent H. (Author), Glauber, Joseph W. (Editor), Goodwin, Barry K. (Editor)

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ISBN: 0844750174     ISBN-13: 9780844750170
Publisher: AEI Press
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Binding Type: Paperback - See All Available Formats & Editions
Published: December 2018

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Additional Information
BISAC Categories:
- Political Science | Public Policy - Agriculture & Food Policy
- Business & Economics | Industries - General
Dewey: 338.187
LCCN: 2019403332
Series: American Enterprise Institute
Physical Information: 0.65" H x 6" W x 9" L (0.92 lbs) 329 pages
Features: Bibliography, Illustrated, Index, Maps
Descriptions, Reviews, Etc.
Publisher Description:
From any coherent policy perspective, agricultural policy in the United States is in total disarray. Not surprisingly, persistent and pervasive rent-seeking by well-funded lobbies explains many of the complex and often internally inconsistent federal programs that fall under the umbrella of US agricultural policy. This two-volume examination of US agricultural policies includes analyses on the federal crop insurance program, the sugar program, constraints on domestic production, and policy-mandated price discrimination. Those subsidy programs and other forms of support are deliberately structured to funnel the vast majority of their benefits to large farm businesses and, in the case of agricultural insurance, an entire segment of the insurance industry that would not otherwise exist. They do nothing to alleviate rural poverty and in most cases encourage farm and other agricultural businesses to waste some of society's scarce resources. Some federal programs do provide benefits for society as a whole. However, collusion among lobbies with competing interests has caused many of those programs to be inefficient. Agricultural Policy in Disarray provides fascinating, detailed, and contemporary evidence of how rent-seeking by small, well-organized interest groups results in government policies that do little good and much harm.
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