In the wildness of speculation it has been suggested (of course more in jest than in earnest), that Europe ought to grow its corn in America, and devote itself solely to manufactures and commerce, as the best sort of division of the labour of the globe -- Thomas Malthus, An Essay on the Principle of Population Book III, Chapter XII.
Arne Hallam
Department of Economics
266 Heady Hall
Iowa State University
Ames, IA 50011
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