{"product_id":"regulation-and-the-revolution-in-united-states-farm-productivity-paperback-9780521528450","title":"Regulation and the Revolution in United States Farm Productivity (Paperback) 9780521528450","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eRegulation and the Revolution in United States Farm Productivity\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eThis book explains how US government activity in the 1930s led to gains in farm productivity.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eSally H. Clarke (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521528450, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback, published 25 July 2002\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e328 pages, 26 b\/w illus.  45 tables\u003cbr\u003e23 x 15.3 x 2.3 cm, 0.525 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"By combining economic and business history, Clarke has produced a study with much to say about the economics of twentieth-century agriculture in general and the New Deal period in particular....The book has many strengths.  The argument throughout is stated forcefully and with great clarity, and is buttressed by extensive research in the published records and unpublished manuscripts of the USDA, the state experiment stations, and implement companies and farm lenders.  It explains in detail the role of credit in midwestern farming, the behavior of agribusiness, and the impact of the New Deal in the Corn Belt--all subjects too often slighted by historians studying agriculture in the 1930s.  It also focuses attention on the long-term implications of the farm programs.  Finally, its epilogue offers a perceptive appraisal of the causes of the farm credit crisis of the 1980s.\"   David E. Hamilton, Agricultural History\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eSince the 1930s when the government began active regulation, US agriculture has undergone a revolution in productivity. Sally Clarke explains how government activity, from support for research to price supports and farm credit programs, created a climate favorable to rapid gains in productivity. Farmers in the Corn Belt delayed purchases of the tractor, the most important agricultural technology, despite the cost savings it promised. Tractor purchases required large sums of cash at a time when families faced unstable prices and unattractive credit markets. The New Deal inadvertently changed this investment climate. Regulation stabilized prices, introduced new sources of credit, and caused tool manufacturers and private creditors to revise their business strategies. Competitive farmers took advantage of these new conditions to invest in expensive technology and achieve new gains in productivity.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePart I. Regulation and Productivity: 1. Introduction\u003cbr\u003e 2. Agriculture and the organization of knowledge in the early twentieth century\u003cbr\u003e 3. Accounting for the slow rate of productivity growth\u003cbr\u003e Part II. 'Power Farming' in the Corn Belt, 1920–40: 4. The tractor factor\u003cbr\u003e 5. Depressed markets and market regulation\u003cbr\u003e 6. 'If you'll need a tractor in 1936 you ought to order it now'\u003cbr\u003e Part III. A Legacy for New Deal Regulation: 7. Regulation, competition, and the revolution in farm productivity\u003cbr\u003e 8. Conclusion\u003cbr\u003e Epilogue: The credit crisis of the 1980s\u003cbr\u003e Appendix A. The tractor's threshold, 1929\u003cbr\u003e Appendix B. The tractor's threshold, 1939\u003cbr\u003e Appendix C. Sources of preharvest and harvest labor productivity, 1929–39.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Economic history [\u003ca title=\"See our other books on Economic history\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economic%20history%20%5BKCZ%5D%22\"\u003eKCZ\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46005428977944,"sku":"9780521528450","price":29.49,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521528450i_34d6d9a3-c7fc-4963-bd5b-dd060ca8adf9.jpg?v=1691368960","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/regulation-and-the-revolution-in-united-states-farm-productivity-paperback-9780521528450","provider":"Freshly Printed Books","version":"1.0","type":"link"}