Of agricultural subsidies and collective action

March 02, 2012 | By JENNIFER THOMPSON

The Cato Institute has released a new video exposing the U.S. Department of Agriculture as a federal agency whose ratio of regulators to regulated (i.e. farmers) is totally out of proportion.  According to the video, over the course of a century, the number of farms in America has plummeted from six million to two million, while the number  ...