During the early 1980s, U.S. agriculture underwent its worst financial crisis since the Great Depression in spite of record spending on government agricultural programs. In this chapter we test the hypothesis that the severity of the crisis may have been moderated if agricultural policy had been more flexible. Prior to the 1985 Farm Bill (U.S. Department of Agriculture 1986), agricultural polic...

This report contains data from the Current Population Survey conducted by the Bureau of the Census in March of 1982-1985. Detailed tables present data on years of school completed by persons 15+ by age, sex, race, Spanish origin, type of residence, occupation, marital status, and education of spouse. Summary data are also presented for the 15 largest states and metropolitan areas. Highlights...