This address is directed toward applied economists as they provide information to private and public decision makers. Central to this discussion is the role of markets as institutions in achieving society's desired ends. Current "economic correctness" -the view that unfettered markets are...

A descriptive analysis and a survey of literature were used in this assessment of the transformation of the structure of production agriculture. The changes in production agriculture have important implications for resource use, population distribution in rural communities, and the survival of...

The free market-based policies of the corporate community model have skewed economic development across the South. For many small, rural communities, the consequences of global capitalism have resulted in declining real wages, high underemployment, and increasing rates of income inequality....