Publisher's Synopsis
Excerpt from Production and Welfare of Agriculture
In this book I give considerable space to the policy implications of certain basic changes occurring within the existing economic structure as a result of the decline of agriculture, the achievement of a high level of industrial employment and output, the reduction of capital rationing Within agriculture and the much enlarged scope of public programs and their administration. I also try to trace the resource and income effects of existing price, storage, crop control and conservation programs, and then to indicate the bearing that these programs and that of certain international efforts on behalf of agriculture have upon foreign trade.
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