Happy Valentine's Day from AEI's Farm Bill Project

With Valentine’s Day upon us, Americans will buy and enjoy candies and chocolates by the millions. But every box costs a little bit more because of sugar quotas that guarantee sugar cane and beet producers and sugar processors higher returns than they would obtain if they faced genuine competition from the global market.

Click here for a post by American Enterprise Institute (AEI) agricultural economist Vince Smith on how the US sugar program turns Valentine’s Day sour.

Learn more about AEI’s farm bill project at www.AmericanBoondoggle.com.

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About the Author

 

Vincent H.
Smith
  • Vincent H. Smith is Professor of Economics in the Department of Agricultural Economics and Economics at Montana State University and co-director of MSU’s Agricultural Marketing Policy Center. He received his Ph.D. from North Carolina State University in 1987 and his bachelor’s and master’s degrees from the University of Manchester in 1970 and 1971. Dr. Smith’s current research program examines agricultural trade and domestic policy issues, with a particular focus on agricultural insurance, agricultural science policy, domestic and world commodity markets, risk management, and agricultural trade policy. He has authored nine books and monographs and published over 100 articles on agricultural and other policy and economic issues. His work has been recognized nationally through multiple national awards for outstanding research programs. In 2008, he became a Distinguished Scholar of the Western Agricultural Economics Association. Currently he is a Visiting AEI Scholar and co-director of AEI’s agricultural policy initiative. Dr. Smith is married and he and his wife, Laura, have two children, Karen and Meredith.
  • Email: uaevs@montana.edu
  • Assistant Info

    Name: Neil McCray
    Phone: 2028625826
    Email: neil.mccray@aei.org

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