Overview

American agricultural production is destined to end, argues Steven Blank, but this should be no cause for alarm. In this work, he shows that the changes leading to the end of American agricultural production are part of a natural process that is making us all better off. Beginning with broad observations from history and the current status of agriculture around the world, Blank explores how the decisions of individuals combine to make the end of American agricultural production predictable and rational. The inevitable creeping of international economic development is shown to be the sum of individual struggles facing producers across America and around the world. Also, decisions regarding operating an agricultural business derive from many interrelated peculiarities of the industry, both in America and elsewhere. The story is fascinating in its global scope and is relevant to everyone because the simple economic decision-making processes involved will be repeated in the story of other industries.

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9781567201659

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STEVEN C. BLANK is a financial and risk management specialist in the Agricultural and Resource Economics Department at the University of California, Davis. He is the author of numerous publications including two previous books.

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