In his book THE UNDERCOVER ECONOMIST, Tim Harford writes:

"... Ricardo treated the whole agricultural sector as if it were one
vast farm with a single landlord. A unified agricultural sector has
nothing to gain from improving the land's productivity ... But an
individual landlord in competition with others would have plenty of
incentive to make improvments." (p. 15)

Is this an accurate description of Ricardo's theory?
--
Jim Devine / "To initiate a war of aggression, therefore, is not only
an international crime; it is the supreme international crime
differing only from other war crimes in that it contains within itself
the accumulated evil of the whole." -- Nuremberg Tribunal

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