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Robbie Blevins

The Great Milk Fiasco

Mises Daily

Author: Robbie Blevins

Online Publish Date: November 20, 2002

Category: Interventionism, Prices, Production Theory, Taxes and Spending

Roosevelt-era farm policy lives! Consider: dairy farmers in northern New England dumped 80,000 pounds of fresh milk in a protest against low milk prices . The farmers evidently favor the price-support program that ended last year, because it worked as a kind of minimum wage program: keeping their incomes high and competitors out of the market. Now

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