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Re:The Covid-19 pandemic is forcing a rethink in macroeconomics by nickff on Friday July 24, 2020 @11:45AM (#23940852)
My point was that in the case of farm subsidies, it doesn't take any convincing; the people believe these are necessary to maintain an adequate supply of food, and they also happen to think supporting farmers is a good cause. As a rule-of-thumb, the bills that everyone signs/votes for very publicly (with ceremonies and such) are actually vote-winners, steel tarriffs are another good example.

Voters hold many mercantilist and nationalist beliefs (on both sides of the aisle), and policies largely reflect these, not some propaganda-driven special interests.

Re:The Covid-19 pandemic is forcing a rethink in macroeconomics by Retric on Friday July 24, 2020 @01:18PM (#23942017)
Now sure, but farm subsidies was a battle fought before you where born. In 1800 such a large percentage of the population was farming that the idea of farm subsidies would have come off as silly. Going back further the idea of say landed nobility in Europe and not the US is such an old fight it became a cultural institution.
Re:The Covid-19 pandemic is forcing a rethink in macroeconomics by nickff on Friday July 24, 2020 @02:48PM (#23943152)
Well, the corn laws (of the UK) were a form of farm subsidy (actually a tariff against imports), enacted in about 1815, and repealed in 1846 in the face of opposition from factory workers. The market for agricultural goods has seen increasing subsidy/barriers to trade since the First World War, the sharpest change likely being during the Great Depression.
Re:The Covid-19 pandemic is forcing a rethink in macroeconomics by Retric on Friday July 24, 2020 @03:57PM (#23943783)
Outside of the US, things where different. The UK corn laws had less to do with farming than land ownership. The actual percentage of UK population owning large tracks of farm land was low enough to enable that kind of power grab. Further, they excluded potatoes which focused the benefit on the upper crust of society.

It is an interesting bit of history, but the specifics really drive home what I was talking about.