The nature of the small-farm problem in Australia is discussed from a welfare point of view. The situation is examined industry by industry where data are available. It is suggested that while the average level of farm income in Australia compares well with non-agricultural earnings, there are...

In the search for maximum economic efficiency in the allocation of functions of government to different levels, public choice theory implies a number of (mainly) decentralising policy options. In this paper are demonstrated a number of internal confusions and inconsistencies within this theory,...