Articles
The birthday of a bad idea
May 12, 2015 | By ETHAN BLEVINS
A rotten idea was born 82 years ago today called the Agricultural Adjustment Act. Like many New Deal policies, the Act worsened the Great Depression and struck a blow to liberty. FDR, intent on keeping the political support of major agricultural interests, decided to increase farming income by creating scarcity, which would drive up prices. T ...