This presidential address highlights the foundational and ongoing importance of the historical commitments of agricultural economists to applied research and outreach programs. In addition, I stress that institutional alertness increases the pragmatic approach. When research, extension, and institutional alertness are fully integrated, agricultural economists have the potential to generate grounded knowledge, which has meaningful implications to our effort to improve life. I develop these ideas generally and with specific reference to my own research.

中文翻译：

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农业经济学：主要承诺和机构警觉

总统致辞强调了农业经济学家对应用研究和推广计划的历史承诺的根本和持续的重要性。此外，我强调，机构警惕性增加了务实的态度。当研究，推广和机构警惕性完全融合在一起时，农业经济学家就有可能产生扎根的知识，这对我们改善生活的努力具有有意义的意义。我总体上发展了这些想法，并特别参考了我自己的研究。