If free land means land that is in excess supply-and


In 1970, the economic historian, Evsey Domar, said that it would be impossible to have at one and the same time "free" land, "free" labour, and a land- owning aristocracy. If "free" land means land that is in excess supply-and therefore has a zero price-and "free" labour means labour that is free of bondage, explain why this combination would be impossible

Solution Preview :

Prepared by a verified Expert
Business Economics: If free land means land that is in excess supply-and
Reference No:- TGS02391991

Now Priced at $20 (50% Discount)

Recommended (99%)

Rated (4.3/5)