Agricultural policy reform has become a very hot topic. Over the next couple of years we will see the funding for these programs being hotly debated. The thesis of this book is that a better-informed public is essential to bring rationality to farm policy. This book provides telling evidence that markets work, that competent commercial farmers will earn returns on their resources as high as those earned elsewhere in the absence of income transfer to farmers.

Luther G. Tweeten is Professor Emeritus of Agricultural Marketing, Policy, and Trade, Department of Agricultural, Environmental, and Development Economics, The Ohio State University, Columbus. An internationally acclaimed agricultural policy economist, Tweeten is the author/co-author of eight books and over 500 journal articles and published papers.

Stanley R. Thompson is the editor of Agricultural Policy for the 21st Century, published by Wiley.