A Farm Policy Proposal: Full Participation Markets in Contracts For Future Delivery


Issue Date:
1990
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/131045
Published in:
Choices, Volume 05, Issue 1
Total Pages:
4
Note:
The "farm problem" is one of poor market performance not one of a poor underprivileged group needing welfare payments. Thus, the challenge is to develop institutions that will improve the performance of the agricultural economy. I propose that selected farm commodity markets and farm price support programs be replaced with a system of contracts in which all buyers and sellers are required to participate.




 Record created 2017-04-01, last modified 2017-08-26

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