Excerpt: One of the areas needing clarification is that of agricultural policy. To some "agricultural fundamentalists" farm policy is the key to general economic policy. At the other extreme, we sometimes hear it said that agricultural policy has little to contribute to sustained economic progress. We disagree with both of these extreme views. We believe that agricultural policy can contribute (and has contributed) significantly to general economic growth. Our purpose today is not to exaggerate the importance of farm policy. We doubtless need a well-rounded set of policies for national economic growth. The agricultural policies are only one part of the whole, but we think they are by no means an unimportant part.