How milk price plans shape economics in a major city’s dairy market
Discover how regulation and price plans influence what dairy farmers earn, what consumers pay, and how a legacy market operates. This study examines the Philadelphia milk shed, the rules that govern milk, cream, and butter, and what drives minority opinions about these controls.
The work explains the mix of political decisions and economic forces behind dairy regulation. It focuses on how artificial price plans are designed, tested, and adjusted over time to balance producer income with consumer interests. By analyzing the Philadelphia plan and its effects on supply, demand, and regional trade, the book sheds light on why certain markets lean toward local production while others rely on distant supplies.
Readers will learn about the key mechanics of milk pricing, the role of cream pricing, and how changes in policy can shift where milk is produced and how it is used. The volume also discusses the challenges of making regulation understandable to the public and the reasons for ongoing debate among different groups.
Ideal for readers of agricultural economics, public policy, and the history of dairy regulation.
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Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book investigates the complexities of milk supply and demand within the Philadelphia Milk Shed during the 1920s and 1930s, focusing on the development of pricing mechanisms to balance the supply of milk with its fluctuating demand. The author traces the history of various price plans implemented in the region, examining both their successes and challenges in addressing the unique characteristics of the dairy industry, from seasonal production uctuations to the economic power dynamics between producers and distributors. Through a detailed analysis of these price plans, the book highlights the signicance of economic principles in regulating the production and distribution of a perishable yet essential commodity like milk. The author argues that understanding these economic factors is crucial for developing effective market regulations that can balance the interests of producers, distributors, and consumers. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781390024135_0
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