.@NickSzabo4 Hi, I’m reading your articles about Malthusian economics and the development of agriculture. I have a question:
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Thanks for the answers! One more Q: Is it correct to say that the XIVth cent. plague, by allowing remaining pop to subsist from higher yield, less marg. land, freed up labor, which allowed the capital accumulation and per capita productivity increase of the next centuries?
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(taking into account the fact that many cultural and technological innovations allowed the increase in productivity to be higher than the re-increase in pop after the plague, allowing European countries to escape from the Malthusian trap?)
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In other words, would this escape have happened without the plague? Or would it have happened later (due to capital creation having been slower)? I'm afraid I sound like a Keynesian, thanking a bad for a good!
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