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Agriculture as a sector; Factor growth and allocation; Technology; Static and dynamic behavior.
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Modern farm policy emerged in the United States in 1862, leading to an industrialized agriculture that made the farm sector collectively more successful even as many individual farmers failed. Ever since, a healthy farm economy has been seen as the key to flourishing rural communities, and the problems of rural nonfarmers, former farmers, nonfarm residents, and unfarmed regions were ignored by policymakers. In The Failure of National Rural Policy, William P. Browne blends history, politics, and economics to show that federal government emphasis on farm productivity has failed to meet broader rural needs and actually has increased rural poverty. He explains how strong public institutions, whi...