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.
Professor, Department of Agricultural Economics and Economics, Montana State University, Bozeman, MT (1998-present) and Co-director, Agricultural Marketing policy Center, Montana State University, Bozeman, Montana (2000-present).
Senior Research Fellow, Trade Research Center, Montana State University, Bozeman, Montana 1996-2000,
Associate Professor, Department of Agricultural Economics and Economics, Montana State University, Bozeman, MT (1994-1998).
Assistant Professor, Department of Agricultural Economics and Economics, Montana State University, Bozeman, MT (1988-1994).
Consultant to the U.S. Environmental Protection Agency (1981-90).
Ph.D., North Carolina State University, Raleigh, NC
The 2013 Farm Bill presents a real opportunity for substantive changes in U.S. agricultural policy. But instead of reform, both the House and Senate agricultural committees are offering classic bait-and-switch proposals to protect farm subsidies - more than 80 percent of which flow to households much wealthier than the average American family.
Congress was unable to pass a farm bill in 2012 because of disagreements on policy and funding levels. With farm bill action expected soon in the Senate and House Agriculture Committees, what should farm subsidy programs look like?
For many years, a persistent theme in House and Senate Agricultural Committee debates over farm policy has been “Give the farm lobbies the subsidy programs they want and the heck with the consequences for U.S. trade relations.”
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...
In the United States, the federal government has been involved with, and provided subsidies for, farmers and the agriculture sector since at least 1862, when the Morrell Act established the Land Grant University system to encourage both agricultural research and education.
As Congress and the White House wrestle over how to come up with $4 trillion in spending cuts and tax increases, the last thing they need is a distracting and ill-timed skirmish over whether to throw a $1 trillion farm bill package into the mix. The farm bill food fight must be left for another day.