February 11, 2004

Alan Keyes on Saving Family Farms
It is a sad truth, but the trouble usually comes when farmers produce too much of a good thing. As a result, prices can become so depressed that extraordinarily bountiful crops cannot be sold for a return that even pays for the costs of production, much less provides a profit.

How can economically destructive overproduction be prevented?...Our farm policy should aim rather at encouraging the development of independent and voluntary associations in the farming community to help farmers make the right decisions ... for themselves.
Another article here

I'm not a farmer although I play one in the backyard, but I think part of Alan's solution - that farmers look for alternative crops when there is an overabundance - strikes me as naive. The farmers I know are extremely cagey businessman. I may be wrong, but it seems there is a limited supply of marketable crops and growing hashish isn't an option. I love Keyes, but I'd like to have a "follow-up" as the reporters say.

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