In a framework developed by P.J. Dawson, the effects of output price risk on the family labour supply and its demand for hired labour are investigated. In particular, the effects of changes in autonomous income, expected output price, family composition, and farm size are studied. Comparative...

Economic illiteracy is abundant in farm management analysis. Failure to understand that economics is the core discipline of farm-management analysis and failure to apply the whole-farm approach leads to wrong questions being asked and wrong answers being given. The power of economic thinking is...

Many economists are concerned with communicating the results of economic analysis or the implications of economic theory to policy makers. Our effectiveness in doing this varies widely for different individuals and different issues. The present paper is an attempt to provide practical advice to...

Evidence is forwarded of a will for rationalisation of higher education, research and technology transfer processes; but the actions which have taken place in all three structures have, in contrast, produced irrationality and inefficiency. Tertiary education institutions are proposed as the...

Review for: Politics and the Environment: Risk and the Role of Government and Industry, by Michael Howes. Published by Allen and Unwin, Crows Nest, Australia, 2005, pp. xxxiv + 218, ISBN 9781741142167 (pbk), $39.95

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Books Reviewed: Elements of Agricultural Trade Policies by J.P. Houck. Macmillan; The Economics of Tropical Farm Management by J.P. Makeham and L.R. Malcolm