IDEAS home Printed from https://ideas.repec.org/a/sae/anname/v331y1960i1p58-63.html
   My bibliography  Save this article

Overhauling United States Farm Price Policy

Author

Listed:
  • G.E. Brandow

    (University Park, Pennsylvania)

Abstract

Production from American farms is overflowing commercial markets not because high prices have pulled re sources into agriculture but because rapid technological prog ress has pushed productivity ahead faster than the slow expansion of markets and the withdrawal of land and labor from agriculture could accommodate. Substantial adjustment of farm resources is needed, but adjustment as it occurs in free markets cannot prevent chronic farm depression when tech nology is advancing rapidly nor are severely depressed in comes essential for adjustment. The case for control of market supply as the mainstay of domestic farm policy has become dominant in recent years. The means proposed include (1) a revised and gradually expanded program to retire voluntarily the poorest cropland and (2) direct controls, involving compul sory retirement of land, on the large-acreage field crops. Such a policy need not impair the future productivity of agriculture, but the amount of government intervention required remains an important obstacle to farmer support.

Suggested Citation

  • G.E. Brandow, 1960. "Overhauling United States Farm Price Policy," The ANNALS of the American Academy of Political and Social Science, , vol. 331(1), pages 58-63, September.
    • Handle: RePEc:sae:anname:v:331:y:1960:i:1:p:58-63
    DOI: 10.1177/000271626033100111
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/000271626033100111
    Download Restriction: no
    File URL: https://libkey.io/10.1177/000271626033100111?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:anname:v:331:y:1960:i:1:p:58-63. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.