Recommended readings (Machine generated): Paul A. Samuelson (1954), 'The Pure Theory of Public Expenditure', Review of Economics and Statistics, 36 (4), November, 387-9 -- Francis M. Bator (1958), 'The Anatomy of Market Failure', Quarterly Journal of Economics, LXXII (3), August, 351-79 --...

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The major objective of this paper is to identify and evaluate those economic factors which have influenced the development and continuing concentration of the Canadian prairie feedlot industry in southern Alberta. Irrigation, the marketing infrastructure, and local investors are identified as...