… but why, economically, does subsidizing farms result in a more efficient allocation of resources? It’s doesn’t. Agricultural subsidies in the US, and I pres

… but why, economically, does subsidizing farms result in a more efficient allocation of resources? It’s doesn’t. Agricultural subsidies in the US, and I presume most states but I’m not as well read on their policies, are a mixture of realpolitik, war preparedness, and graft. If you are trying to square the circle, you can’t, because economic efficiency was not an input for the decisions on these subsidies.