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Payments Made Out to FarmersOne of the most controversial part of the federal government budget are the payments made out to farmers. Some argue that these payments are necessary to keep American farmers from starving or going out of business. Others argue that this is wasteful spending that mostly goes to wealthy corporate farmers. Globalization makes different demands on subsidies.

  • Listen to the NPR radio broadcast,
  • Given where we are now, how would you suggest farm subsidies be handled in the coming years?
  • What is the impact of globalization on this policy?

Module 02 - Case Assignment

Cost Benefit Analysis: Farm Subsidies

One of the most controversial parts of the federal government budget are the payments made out to farmers. Some argue that these payments are necessary to keep the American farmers from starving or going out of business. Others argue that this is wasteful spending that mostly goes to wealthy corporate farmers. Globalization makes different demands on subsidies.

Please read the articles below, listen to the NPR radio broadcast, and do some of your own research using the TUI virtual libraries and and/or Internet search engines. Then write a four to five page essay in which you address the following questions:

  • Given where we are now, how would you suggest farm subsidies be handled in the coming years?
  • What is the impact of globalization on this policy?

In supporting your recommendation, be sure to consider the key tradeoffs involved and the potential usefulness (or not) of rigorous cost benefit analysis to this issue.

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