A Billion Dollars a Day: The Economics and Politics of Agricultural Subsidies

This book, A Billion Dollars a Day: The Economics and Politics of Agricultural Subsidies, offers a clear and concise explanation of agricultural subsidies. Written in a lively and non-technical style, it provides an up-to-date account of the core questions that surround agricultural subsidies. The book explains why subsidies exist, how they have evolved, and what their present and possible future impact may be. It also explores the impact of subsidies on African farmers.A Billion Dollars a Day offers a detailed examination of subsidy histories and the current policies of several nations, including the United States, Europe, Australia, New Zealand, Korea, and Japan. Furthermore, it discusses how these policies affect developing countries, focusing on the impact on African farmers.The book is an excellent read for individuals interested in agricultural policy. It also provides great supplementary reading material for courses in Agricultural Policy. This book highlights the potential consequences of heavy subsidies and emphasizes the importance of considering the broader implications of subsidies.Overall, A Billion Dollars a Day provides readers with a comprehensive understanding of agricultural subsidies. It makes a convincing case for the need to revisit policies that heavily rely on subsidies to support agriculture and the food industry. It is an important read for anyone interested in the topic of agricultural policy.