Retiring land from crop production under the Conservation Reserve Program is expensive and often unnecessary. Instead, more emphasis should be placed on providing incentives for farmers to reduce erosion by adopting better cropping practices. This would cost less than current programs and allow...

The strong economic performance of the U.S. cotton industry has been widely attributed to the 1985 Food Security Act (1985 FSA). These effects have been substantive. However, the devaluation of the dollar relative to other currencies was also important and its effects were substantial and...