tag:blogger.com,1999:blog-7169279.post242048123238571919..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Got Milk?Dr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7169279.post-65949184281955510182013-12-11T23:07:54.197-07:002013-12-11T23:07:54.197-07:00Matt Walter 50/50
I agree. The rise is unlikely: ...Matt Walter 50/50<br /><br />I agree. The rise is unlikely: this is just a threat.<br /><br />If it did happen though, it would be more of an instantaneous sort of thing; there's actually parts of the law that would make it illegal to discount off that high price.<br /><br />You're right about consumers perhaps switching to other products. Of course, any agricultural board knows better Dave Tuftehttps://www.blogger.com/profile/14877686358267438045noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-61330634546968758682013-12-09T21:33:57.762-07:002013-12-09T21:33:57.762-07:00I don't know all of the in's and out's...I don't know all of the in's and out's of the farm bill, but my limited understanding leads me to believe the discussion of milk potentially rising to $7 or more per gallon if the bill doesn't pass is unlikely. As the price begins to rise, it seems consumers would simply change to more economical alternative products (such as soy), enticing the dairy producers to lower the price Anonymoushttps://www.blogger.com/profile/17412354430654236126noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-3782993900742725612013-12-08T15:52:36.739-07:002013-12-08T15:52:36.739-07:00Oops. This is a post: 100/100.Oops. This is a post: 100/100.Dave Tuftehttps://www.blogger.com/profile/14877686358267438045noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-36222748666404626262013-12-08T15:31:55.544-07:002013-12-08T15:31:55.544-07:00BOHICA: 50/50
This is one of those nonsense issue...BOHICA: 50/50<br /><br />This is one of those nonsense issues that professors get tired of talking about.<br /><br />BOHICA has got the facts down. Yet, students raise this issue in disbelief every semester or two. <br /><br />Politically, I think what's going on here is that the 1949 law is the big stick. The dairy lobby doesn't let that big stick get removed. As a result, eventually Dave Tuftehttps://www.blogger.com/profile/14877686358267438045noreply@blogger.com