Continuous reorganization of markcll;:s implied by tlH~ process of economic grow til, wherein spcrialization, enlargement of sealc, and applications of technology keep marching onward. Under a regime of privatI.: propcrty, there are continual adaptations of differcllt means for mohili1.ing...

Minimum wage legislation which results in higher avcrage wage rates for farm laborers would affect the assct stmcture and income flows of farm operators. A simulation model of financial struchlre of thc farm sector is uscd to show that highcr wage rates would result in inereased nonreal estate...