tag:blogger.com,1999:blog-8512362.post6785307476602165684..comments2024-03-10T13:59:19.230-04:00Comments on xpostfactoid: Productivity revolutions can hurtAndrew Sprunghttp://www.blogger.com/profile/17601269968798865106noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8512362.post-41053043566305263382011-08-29T11:29:17.940-04:002011-08-29T11:29:17.940-04:00But FDR's AAA did pay farmers not to grow spec...But FDR's AAA did pay farmers not to grow specific crops.Andrew Sprunghttps://www.blogger.com/profile/17601269968798865106noreply@blogger.comtag:blogger.com,1999:blog-8512362.post-17221768564332921352011-08-29T11:12:11.965-04:002011-08-29T11:12:11.965-04:00"The early New Deal remedy" was not, in ..."The early New Deal remedy" was not, in fact, "the set of subsidies...that plague us to this day." Rather, it was the creation of the "Ever-Normal Granary" system, in which government purchased excess crops in a boom year and sold them in bust years to moderate swings in price. The subsidy system, rather, results from a Nixon Administration decision to replace that system with subsidies. Michael Pollan tells the tale briefly in a longer article but you may find the relevant section by searching for the word "normal": http://michaelpollan.com/articles-archive/the-way-we-live-now-the-agricultural-contradictions-of-obesity/ or http://tinyurl.com/3drlncxAnonymousnoreply@blogger.com