Education
The American Agricultural Institute is a nonpartisan research and educational organization dedicated to advancing a stronger agricultural economy through research, education, and sound public policy.
Briefing: How AI Benefits from Parity in Agriculture
February 2027 | Parity in Agriculture means prosperity for the entire U.S. economy.
Training Sessions
Terms
Aggriculture (Ag) Parity:
The accounting for the labor effort involved in the production and distribution wealth to our inhabitants without the need for long-term capital debt provided the price at the first point of sale of the raw materials used to create our wealth is in the proper balance and ratio to all of the labor and capital costs in the rest of the economy.
Wealth vs. Money:
Wealth is all property used for human consumption; it has real, intrinsic value.
Money is not wealth, but property held in abeyance (a state of temporary inactivity, suspension, or postponement); it represents wealth owed to the individual by the community, eliminating the necessity of direct barter of services.
Trade Turn:
When farmers and other raw material producers receive prices that reflect the purchasing power of their products, they have greater earned income to spend on equipment, supplies, labor, services, and consumer goods. That spending supports businesses throughout the economy, creating additional income and economic activity, a process described as the “Trade Turn”.
Raw Material Economics:
The health, robustness, and sustainability of the American economy is directly tied to the production of raw materials and the price at which those raw materials first enter into commercial channels. When raw materials enter trade channels at prices in balance with the prices of labor and capital, the economy operates on an earned-income basis with no buildup of public and private debt. Conversely, when raw materials enter trade channels at less-than-parity prices with labor and capital, the economy lacks sufficient earned dollars to operate on an debt-free basis, therefore, public and private debt accumulates.