Agriculture's Revealing and Painful Lesson for Industrial Policy


Publication Date: January 1984

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Bruce Gardner

Research Area: Agriculture, forestry and fishing; Manufacturing and industry

Keywords: Agriculture

Type: Report

Abstract:

The U.S. government has undertaken some policies that appear to have been successful in increasing the productivity of U.S. agriculture, namely promotion of research and the dissemination of information to farmers. The case for extending these policies to industrial enterprises is very weak, however, since these industries are better structured than farming enterprises to maintain private property rights over invention and information.