9781390527445 - The Utility Concept of Net Social Cost: A Criterion for Public Policy (Classic Reprint) di Tweeten, Luther G. (1 risultati)

Paperback. Condizione: New. Print on Demand. This book evaluates the social cost of various agricultural policies and programs, particularly in relation to wheat production. The author argues that the concept of social cost can be a useful tool for assessing the desirability of specific programs. However, the author also cautions that social cost is not a perfect measure and that it should be used in conjunction with other criteria to evaluate agricultural policies and programs. The author begins by discussing the different ways that social cost has been defined and measured. He then applies the concept of social cost to a number of different agricultural policies and programs, including supply control, acreage diversion, direct payments, and market subsidies. The author finds that the social cost of agricultural policies and programs can vary widely, depending on the specific policy or program being considered. However, he also finds that the social cost of agricultural policies and programs is often relatively small in relation to the benefits that they provide. The author concludes by arguing that the concept of social cost can be a useful tool for assessing the desirability of agricultural policies and programs. However, he also cautions that social cost is not a perfect measure and that it should be used in conjunction with other criteria to evaluate agricultural policies and programs. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.