Field of schemes: The taxpayer and economic welfare costs of shallow-loss farming programs
The current Direct Payments Program for farmers is becoming politically unviable, and shallow-loss income "safety net" programs are rising to take its place. But shallow-loss programs not only threaten to waste valuable resources and encourage risky farming practices, they also financially burden the taxpayer—if crop prices tank, they will pay.
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Paper provided by American Enterprise Institute in its series Working Papers
Date of creation:
May 2012Date of revision:
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Related researchKeywords: farm subsidies
; Farm Bill 2012
; American taxpayers
Find related papers by JEL classification:
- A - General Economics and Teaching
- H - Public Economics
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