What is it that we learn from history again? Oh, right, nothing:
Out on the farm, the ducks and pheasants are losing ground.
Thousands of farmers are taking their fields out of the government’s biggest conservation program, which pays them not to cultivate. They are spurning guaranteed annual payments for a chance to cash in on the boom in wheat, soybeans, corn and other crops. Last fall, they took back as many acres as are in Rhode Island and Delaware combined.
I’m reading J.K. Galbraith’s book on the Crash of ’29 — uncomfortable to start reading again about pulling conservation reserve land into production …