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6 Never Confuse Farm Prices with Farmers' Income 61
Income Is What's Important, Not Prices Alone 63
High Farm Prices Will Be Bid into Asset Values 64
High Prices Shut Agriculture Out of Markets 65
The Real Farm Problems: Asset Value Risk and Cash Flow 65
Rethinking the Farm Problem and Farm Policy 72
A Final Caveat 74
7 Never Forget That U.S. Agriculture Depends on the World Economy 75
Why Is Agricultural Trade Important? 76
What Kind of Policies Make Sense in an Interdependent World? 85
What Can We Conclude? 89
8 Never Equate Good Farming with a Healthy Environment 91
The Pastoral Ideal and Agricultural Policy 94
Where Pastoralism Fails: Why Belief and Behavior Diverge 96
The Renewed Importance of Stewardship 100
9 Never Assume That Farm Programs Are Food Programs 105
Why Farm Programs Are Not Food Programs 108
Fragmented U.S. Food Policy 116
Compassion and Fairness 120
10 Never Assume That a Government Program Will Do What It Says 123
The Myths of Public Policy 123
A Short History of Confusion 124
Why Programs Can't Do What They Claim 128
Market Versus Government 129
Living with Irony 139
11 Conclusions 141
Bibliography 145
About the Authors 149
About the Book 151

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Publication Information: Book Title: Sacred Cows and Hot Potatoes: Agrarian Myths in Agricultural Policy. Contributors: William P. Browne - author, Jerry R. Skees - author, Louis E. Swanson - author, Paul B. Thompson - author, Laurian J. Unnevehr - author. Publisher: Westview Press. Place of Publication: Boulder, CO. Publication Year: 1992. Page Number: vi.
    
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