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Explain why this combination would be impossible

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Reference no: EM131593445

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.

Reference no: EM131593445

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