The rules of economy apply to farmers as much as they do to service station operators. The solution lies in treating farming as a business and allowing those who can do it effectively to do so without interference. When a man's property rights are protected, he is able to retain and enjoy in peace the fruits of his labor. This security is his main incentive, if not his only incentive, to labor creatively. If anyone were free to confiscate what the farmer had sown, fertilized, cultivated and raised, he would no longer have any incentive to sow or to reap.
Profit is the life blood of a free economy.
And in guiding the economy to the satisfaction of society's needs, the profit system does what no central authority is capable of doing as well-even granting that the authority might be staffed by the most brilliant planners. It is said at times that many are willing to trade freedom for security. Even if they were to receive that for which they traded, it would be a bad bargain. But the sad and frightening fact is that when a people seek to obtain security by turning over power and responsibility to government, they lose both freedom and security. The American farmer is in a situation today that can be solved.