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Social Welfare Law Commons

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Journal

University of Arkansas, Fayetteville

Antitrust and Trade Regulation

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Full-Text Articles in Social Welfare Law

Cornography: Perverse Incentives And The United States Corn Subsidy, Anthony Kammer Jul 2021

Cornography: Perverse Incentives And The United States Corn Subsidy, Anthony Kammer

Journal of Food Law & Policy

Among the most important functions we have afforded to the U.S. Congress is the power to reshape social and economic incentive structures through legislation. Proceeding from the enumerated powers under the Constitution and using a complex toolbox of legislative and regulatory innovations, the federal legislature has enormous power to transform the types of behavior that people will perceive as self-interested throughout our economy and thus how those same people are likely to act. Congress can, among other things, create new forms of criminal and civil liability, establish entitlement systems, subsidize industries, encourage behavior through the tax code, regulate interactions among …