Archive for E.C. Pasour Jr.
The Farm Credit Crisis
Dr. Pasour is a professor of economics at North Carolina State University at Raleigh. Farm credit problems are front page news. In early 1987, 104,000 commercial farm operators (17 per cent of the total) with $28.4 billion of debt were considered to be “under financial stress” so that lenders could lose $6.3 billion on these [...]
1Mar1988 | E.C. Pasour Jr. | 0 comments | ContinuedThe Farm Problem and Government Farm Programs
Dr. Pasour is a professor of economics at North Carolina State University at Raleigh. Current U.S. farm programs were instituted during the Great Depression of the 1930s. Despite dramatic changes in economic conditions over time in the farm sector, the Food and Security Act of 1985 is remarkably similar to farm programs of the past [...]
1Aug1987 | E.C. Pasour Jr. | 0 comments | ContinuedProtectionism and Agricultural Price Supports
Dr. Pasour is a professor of economics at North Carolina State University at Raleigh. Trade is highly important to U.S. agriculture. In recent years, export sales have represented about one- fourth of the total revenue from sales of U.S. farm products. Consequently, there is widespread concern in the agricultural sector about recent losses in markets [...]
1Oct1986 | E.C. Pasour Jr. | 1 comment | ContinuedWhy Regulators Can’t Regulate Effectively
Dr. Pasour is a professor of economics at North Carolina State University at Raleigh, Government regulators face insurmountable knowledge and incentive barriers. There is widespread agreement that government price regulation is not achieving its objective—whether the product is milk or electricity. However, there is no consensus as to why the results of price regulation are [...]
1Jun1986 | E.C. Pasour Jr. | 0 comments | ContinuedThe Right to Food
Some hard questions for those who would claim or grant any such “right.”
1Apr1986 | E.C. Pasour Jr. | 0 comments | ContinuedAgricultural Technology, Economic Incentives and World Food Problems
Dr. Pasour is Professor of Economics st North Carolina State University at Raleigh. British Parson Sir Thomas Malthus predicted in 1798 that population increases over time would outstrip increases in food production causing chronic food shortages. In recent years, a neo-Malthusian doctrine has again gained popularity as widespread hunger problems, especially in Ethiopia and other [...]
1Jul1985 | E.C. Pasour Jr. | 0 comments | ContinuedEconomic Reality and U.S. Government Farm Programs
Dr. Pasour is a Professor of Economics at North Carolina State University at Raleigh. Farm bankruptcies are front-page news. Although the magnitude of the problem has undoubtedly been overstated by the media, there are no hard data on the precise number of farm businesses experiencing financial stress. According to a 1984 survey, less than 20 [...]
1Jun1985 | E.C. Pasour Jr. | 0 comments | ContinuedPrivatization: Is it the Answer?
Dr. Pasour is Professor of Economics at North Carolina State University at Raleigh. Some of the material in this article was adapted from his “Government Provision and Production of Goods and Services,” Tar Heel Economist, North Carolina State University, Raleigh, April 1983. During the past 50 years, there has been a pronounced shift in economic [...]
1Aug1983 | E.C. Pasour Jr. | 0 comments | ContinuedSmall Business and Entrepreneurship
Business news in the United States focuses on economic activities of giant corporations. In recent years, for example, politicians and newspaper editors have castigated the “obscene profits” of “Big Oil.” A large increase in profits by Exxon, IBM, and other large corporations frequently evokes calls for divestiture. The conventional wisdom is that the American economic [...]
1Sep1982 | E.C. Pasour Jr. | 0 comments | ContinuedNutrition Planning
Critical shortcomings seen in proposed governmental food policy.
1Jun1979 | E.C. Pasour Jr. | 1 comment | ContinuedAusterity, Waste, and Need
In the absence of market signals, the regulator faces severe information problemsand consumers suffer needlessly.
1Dec1978 | E.C. Pasour Jr. | 0 comments | ContinuedThe Free Lunch Myth
Why the individual should beware of all offerings of “free lunches.”
1May1978 | E.C. Pasour Jr. | 1 comment | ContinuedVictims of Reform Laws
Laws preventing voluntary market transactions create victims by restricting individual choice.
1Apr1977 | E.C. Pasour Jr. | 0 comments | ContinuedThe World Food Crisis
“Adam Smith, however unfashionable, can feed more people than Karl Marx can.”
1Dec1975 | E.C. Pasour Jr. | 2 comments | Continued-
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