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An "Agricultural Surplus" as a Factor in Economic Development

William H. Nicholls

Journal of Political Economy · 1963 · Volume 71 · Issue 1

DOI: 10.1086/258731

Abstract

When by the improvement and cultivation of land... the labour of half the society becomes sufficient to provide food for the whole, the other half... can be employed... in satisfying the other wants and fancies of mankind.

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