Wage, price, and monetary policies during the Gorbachev years have been most responsible for the food crisis in the republics of the former USSR, not problems in agricultural production. These non-agricultural policies distorted demand, weakened the distribution system, and created inflationary...

The U.S. economy is undergoing structural changes that have led to a slow but steady decline in economic performance. This long, slow slide into economic mediocrity can only be reversed by significantly increasing investments in physical capital, research and development, human capital, and...

Agricultural products are normally underpriced and many types of urban production subsidized in developing countries. In developed countries agriculture normally shares in the system of subsidies, and in developed countries without comparative advantage in agriculture many farm products are...