A book by George P. Brockway, “The End of Economic Man” states on page 76, “Since the essential economic concept of price is both a manifestation of personal will and dependent on the state, all economic questions are systematically questions of ethics and law.”
A recent paper titled, “Average Earnings and Long-Term Mortality: Evidence from Administrative Data” by Daniel Sullivan and Till von Wachter, of the Federal Reserve and Columbia University respectively, is available at: http://www.columbia.edu/~vw2112/papers/aer_pp_final.pdf
The paper begins:
“In this paper we exploit a unique database that merges longitudinal earnings data on Pennsylvanian workers with national death records to study the detailed nature of the correlation between earnings and mortality. We find that the estimates typically reported in the literature, which are based on single years of earnings data, are likely to understate substantially the strength of the association between income and mortality. In particular, relative to a single year of earnings, the average of earnings over a six-year period predicts a 70 percent greater impact of income on mortality. In addition, controlling for the mean level of earnings over a period, we find that greater earnings volatility is associated with higher mortality.”
Apply this concept to dairy farming (low earnings and volatility) and it is easy to clearly state, the pricing system is killing dairy farmers.