The strong economic performance of the U.S. cotton industry has been widely attributed to the 1985 Food Security Act (1985 FSA). These effects have been substantive. However, the devaluation of the dollar relative to other currencies was also important and its effects were substantial and...

The overarching mission of the land-grant system is to combine teaching, research, and extension to create and disseminate knowledge that benefits society. One focus of this mission has been to improve the production capability and economic efficiency of farming. This agricultural mission has...