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This paper argues that the conventional Malthusian account of pre-modern economies as constrained by diminishing returns resulting from a fixed land supplied is flawed because it does not recognize the importance of systematic indivisibilities in the production and distribution of farm produce...
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Cognitive obstacles to perception of novelty on the scientific frontier created obstacles to evaluating scientific work and recruiting scientific workers had to be overcome for the scientific enterprise to expand to the point where it could significantly affect factor productivity. The principal...
Persistent link: https://www.econbiz.de/10004961436
Recent archaeological findings indicate that the Hellenistic and Roman economy was a specialized market economy that obtained levels of factor productivity that appear to be on a par with levels current on the eve of the Industrial Revolution. This raises the question when that economy began to...
Persistent link: https://www.econbiz.de/10005807999
Owing to the high cost of transporting farm produce before the railway age, the land-intensiveness of European mixed farming caused both production and consumption of foodstuffs and intermediate farm inputs in the steady state to be highly dispersed, a spatial configuration offering weak...
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