Word: harle
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...many people are going to be willing to bet that this 500-year flood is not going to happen again in the next 499 years," says economist Neil Harl of Iowa State University. "There will be a drop in confidence, a rise in risk aversion...
...primary collateral for loans to pay for equipment and seed. But then came a costly federal bailout: the $28 billion 1985 farm bill. Aided by a falling dollar that spurred agricultural exports, farm income soared by 30% between mid-1986 and mid-1987. "Farmers are making strides," concedes Neil Harl, a professor of agriculture at Iowa State. "They are not using income to buy machinery. It will be two or three years before we are out of the problem...
...paid to farmers to leave idle 68.5 million acres of cropland (an area bigger than Colorado). Now those payouts are threatened by Washington's efforts to slash the federal deficit. "This has been a good year, but everyone's looking over his shoulder," warns Iowa State University Economist Neil Harl. "There are still some dark clouds...
...reform bill should restore market efficiency to industries that have been artificially stimulated by tax rules that encouraged investors to fund money-losing propositions. The distorted sectors range from farming to housing to energy. Says Neil Harl, economics professor at Iowa State University: "It makes no sense whatsoever to be encouraging people to bring land into production right now, not when we're drowning in crops...
...fellowships were started in 1978 and endowed by Kenneth Montgomery, a 1925 graduate of the Ivy League school, and his wife, Harl...