Colonialism Puts Sugar in Our Tea

Colin Read

Chapter 5 in The Rise and Fall of an Economic Empire, 2010, pp 40-48 from Palgrave Macmillan

Abstract: Abstract The inviolate Law of Diminishing Marginal Returns explains why growth cannot be maintained forever. A corollary of this law is the need for a growing homeland to expand its hinterland to allow the homeland to continue to grow.

Keywords: Industrial Revolution; Finished Good; Colonial Power; Economic Empire; Colonial Model (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29707-4_6

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DOI: 10.1057/9780230297074_6

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