It is a truth widely acknowledged amongst the ancients that a society lacking in virtue is in want of many farmers. With apologies to Jane Austen, that is one of the first things that came to my mind while reading U.S. Senator Elizabeth Warren’s (D-MA) recent policy proposals to help rescue American agriculture. Amongst other proposed reforms, the presidential candidate plans to reverse major mergers amongst large agricultural companies, such as the recent Bayer-Monsanto merger, and to break up vertically integrated companies like Tyson. She also plans to rewrite certain regulations, so that farmers could, for example, repair their own equipment rather than being required to go through the manufacturer. Read More
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