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Agricultural & Applied Economics Association
"Realized" Farm Income: An Outmoded Concept? ReplyAuthor(s): Hendrik S. HouthakkerSource: American Journal of Agricultural Economics, Vol. 50, No. 1 (Feb., 1968), p. 156Published by: Oxford University Press on behalf of the Agricultural & Applied EconomicsAssociationStable URL: http://www.jstor.org/stable/1237883 .
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156 / COMMUNICATIONS 156 / COMMUNICATIONS
"REAT.7FED" FARM INCOME: AN OUTMODED CONCEPT? REPLY "REAT.7FED" FARM INCOME: AN OUTMODED CONCEPT? REPLY
If Mr. Grove [1] had read beyond the first two sentences of a newspaper extract from a popular article of mine [2], he would have realized that, far from detecting a difference between Agriculture and Commerce Depart- ment estimates of farm income, I treated them as virtually identical. The point of my article was not whether there are different estimates of farm income, but that farmers in Texas reported a net loss of $60 mil- lion dollars when the official estimates indicated a net income of over $800 million dollars. While frequently con-
If Mr. Grove [1] had read beyond the first two sentences of a newspaper extract from a popular article of mine [2], he would have realized that, far from detecting a difference between Agriculture and Commerce Depart- ment estimates of farm income, I treated them as virtually identical. The point of my article was not whether there are different estimates of farm income, but that farmers in Texas reported a net loss of $60 mil- lion dollars when the official estimates indicated a net income of over $800 million dollars. While frequently con-
fused, especially in matters involving the United States Department of Agri- culture, I am well aware that the Commerce Department figures are de- rived from the Agriculture Depart- ment estimates. It would have been interesting to see how Mr. Grove ex- plained the tax reporting problem I was concerned with, but in any case we should all be grateful for his effort to clear some deadwood from the jun- gle of agricultural statistics.
HENDRIK S. HOUTHAKKER
Harvard University
fused, especially in matters involving the United States Department of Agri- culture, I am well aware that the Commerce Department figures are de- rived from the Agriculture Depart- ment estimates. It would have been interesting to see how Mr. Grove ex- plained the tax reporting problem I was concerned with, but in any case we should all be grateful for his effort to clear some deadwood from the jun- gle of agricultural statistics.
HENDRIK S. HOUTHAKKER
Harvard University
References
[1] GROVE, ERNEST W., "'Realized' Farm Income: An Outmoded Concept?" J. Farm Econ. 49:795-805, Nov. 1967.
[2] HOUTHAKKER, HENDRIK S., "The Great Farm Tax Mystery," Challenge, The Magazine of Economic Affairs, Jan. 1967.
PROSPECTS FOR POPULATION CONTROL: REPLY
References
[1] GROVE, ERNEST W., "'Realized' Farm Income: An Outmoded Concept?" J. Farm Econ. 49:795-805, Nov. 1967.
[2] HOUTHAKKER, HENDRIK S., "The Great Farm Tax Mystery," Challenge, The Magazine of Economic Affairs, Jan. 1967.
PROSPECTS FOR POPULATION CONTROL: REPLY
The comments of Dr. Karol Krotki concerning my paper on population control [Donald J. Bogue, "Prospects for Population Control," and discus- sion by Karol Krotki, J. Farm Econ. 49:1094-1105, Dec. 1967] represent the thinking of a majority of today's de- mographers, and merit the careful reading of all who read my paper. Although I am firmly convinced that this more pessimistic view is dead wrong and that dramatic strides are being made to resolve the world's pop- ulation problem, I am vulnerable to his charge that as one of the partici- pants in these programs my judgment may be impaired by ego-involvement and wish-fulfillment. May I counsel readers to relax and await the results of the 1980 census. If Dr. Krotki is
The comments of Dr. Karol Krotki concerning my paper on population control [Donald J. Bogue, "Prospects for Population Control," and discus- sion by Karol Krotki, J. Farm Econ. 49:1094-1105, Dec. 1967] represent the thinking of a majority of today's de- mographers, and merit the careful reading of all who read my paper. Although I am firmly convinced that this more pessimistic view is dead wrong and that dramatic strides are being made to resolve the world's pop- ulation problem, I am vulnerable to his charge that as one of the partici- pants in these programs my judgment may be impaired by ego-involvement and wish-fulfillment. May I counsel readers to relax and await the results of the 1980 census. If Dr. Krotki is
correct, population in the developing nations will be growing at very nearly the same rate during the 1970-1980 decade as it is now. If my thesis is correct, there should be a dramatic drop in the rate of population growth in comparison with the 1960-1970 decade.
May we all be present to note whether the citizenry of the develop- ing nations is capable of "facing up soberly to its [demographic] future"! In his final paragraph, Dr. Krotki clearly states his belief that the great masses of Asia, Africa, and Latin America lack this ability. I firmly be- lieve that they possess it today, and are acting on it.
DONALD J. BOGUE
University of Chicago
correct, population in the developing nations will be growing at very nearly the same rate during the 1970-1980 decade as it is now. If my thesis is correct, there should be a dramatic drop in the rate of population growth in comparison with the 1960-1970 decade.
May we all be present to note whether the citizenry of the develop- ing nations is capable of "facing up soberly to its [demographic] future"! In his final paragraph, Dr. Krotki clearly states his belief that the great masses of Asia, Africa, and Latin America lack this ability. I firmly be- lieve that they possess it today, and are acting on it.
DONALD J. BOGUE
University of Chicago
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