2026-07-09http://hdl.handle.net/123456789/536195An economic history of the development of California dairy policies from 1935 to 1965 is used to support the hypothesis that the incompatibility of discrete policy changes for a dynamic industry generates deadweight losses. Combining quantitative industry data with legal and personal narratives provides evidence in support of the hypothesis.A STATIC POLICY FOR A DYNAMIC INDUSTRY: THE CALIFORNIA YOUNG ACT OF 1935Text