Governments in rich countries like to support farmers. Since the mid 1980s, the US government has sent about $15b a year directly to farmers (about 15% of average net farm income). Payments were unusually high in 2020 and 2021 due to COVID compensation and ad hoc disaster payments (the "ad hoc disaster" in this case was the
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Does It Matter How Much The Government Helps…
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Governments in rich countries like to support farmers. Since the mid 1980s, the US government has sent about $15b a year directly to farmers (about 15% of average net farm income). Payments were unusually high in 2020 and 2021 due to COVID compensation and ad hoc disaster payments (the "ad hoc disaster" in this case was the