IDEAS home Printed from https://ideas.repec.org/a/bla/ajecsc/v51y1992i4p421-421.html
   My bibliography  Save this article

The First U.S. Food Stamp Program: An Example of Rent Seeking and Avoiding

Author

Listed:
  • Charles D. DeLorme
  • David R. Kamerschen
  • David C. Redman

Abstract

. Rent seeking involves the wasteful expenses incurred to secure, acquire, or maintain a monopoly position. Rent avoiding involves the expenditures undertaken to avoid the imposition of rent‐seeking costs. Each represents a social cost of Tullock rectangle loss in addition to the dead‐weight or Harberger triangle loss that combined to form the Harberger‐Tullock trapezoid social cost. The first Food Stamp Program in the United States came about through the rent‐seeking and/or rent‐avoiding efforts of farmers, grocers, bankers, and other economic agents and did not lead to the promotion of social welfare. The evidence of these self‐interested efforts was gleaned from articles in the New York Times and government documents. The first Food Stamp Program also fits the economic theory of regulation developed by Stigler, Jordan, Peltzman and others, and it involved imposed costs on economic agents as the program evolved.

Suggested Citation

  • Charles D. DeLorme & David R. Kamerschen & David C. Redman, 1992. "The First U.S. Food Stamp Program: An Example of Rent Seeking and Avoiding," American Journal of Economics and Sociology, Wiley Blackwell, vol. 51(4), pages 421-421, October.
    • Handle: RePEc:bla:ajecsc:v:51:y:1992:i:4:p:421-421
    DOI: 10.1111/j.1536-7150.1992.tb02726.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1536-7150.1992.tb02726.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1536-7150.1992.tb02726.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Patricia Allen, 1999. "Reweaving the food security safety net: Mediating entitlement and entrepreneurship," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 16(2), pages 117-129, June.
    2. Charles DeLorme & Stacey Isom & David Kamerschen, 2005. "Rent seeking and taxation in the Ancient Roman Empire," Applied Economics, Taylor & Francis Journals, vol. 37(6), pages 705-711.
    3. Euan Fleming, 1998. "Rent-seeking in rural development projects: its potential causes and measures to reduce its costs," Journal of International Development, John Wiley & Sons, Ltd., vol. 10(3), pages 277-299.
    4. Sami Fethi & Hatice Imamoglu, 2021. "The impact of rent‐seeking on economic growth in the six geographic regions: Evidence from static and dynamic panel data analysis," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 5349-5362, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ajecsc:v:51:y:1992:i:4:p:421-421. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0002-9246 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.