Lecture 3 - D. Summary i. Began with Federalist attempt to...

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D. Summary i. Began with Federalist attempt to get government revenue for treasury Winners: taxpayers -By end of the period, policy was anti-federalist Problem with land policy achieving the outcome it was designed for: 1. Cheaters when land was cheap Women married to multiple men Minnesota-2161 parcels given to “families”, only 273 were actually homesteaders, or families who wanted to work that land -Problem with land policy misrepresenting the true cost of farming ii. Fogel and Rutner -SEE CHART 3 *Was Western Settlement a Safety Valve for the Malthusian Trap(WHAT IS TH IS) (Easterlin) -We find that land, once settled was enough. Fertility was controlled. As a population we decided for ourselves when to limit population growth rates, didn’t need disease and famine to act as a “Malthusian Trap” Ecn 111A 2/3/11 I. Transportation -In late 18 th century, any travel was slow, high cost -Irregular weather could wash out the roads easily -Embargo of 1807 Focus away from international trade (ocean transport was cheap) to
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This note was uploaded on 09/29/2011 for the course ECON 111A taught by Professor Wilson during the Spring '08 term at UC Davis.

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Lecture 3 - D. Summary i. Began with Federalist attempt to...

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