LINKTV Journal April 6, 2015
Since 1933, we have subsidized farming in america. Is that a good idea . And who benefits . The small farmer big agribusiness or, at the end of the chain, the consumer . The story of the American Farmer is one of the great ironies of the modern era. Incredibly productive, but frequently unprofitable. Its a story that too often ends like this. Perfect competition and inelastic demand can the farmer make a profit . Economic analyst richard gill and i will examine that question on this edition of economics u a. Im david schoumacher. You can see the forces that control a Farmers Economic wellbeing...