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Adam Smith advance Alfred Marshall artiﬁcial augment land beneﬁt Bnmdtland British Columbia C.D. Howe Institute Canada Canadian capital accumulation classical economists Club of Rome commodities concemed conclusion consumers David Ricardo declining economic doctrine Economics and Policy exhaustible resources expanding population ﬁelds ﬁnal ﬁnance ﬁnd ﬁrst ﬁsh ﬁshing ﬁt ﬁxed supplies fmal food production forest economics global govemments growing scarcity Henry George HIGH-TECH ECONOMY indeﬁnitely inﬂuenced Intergenerational equity labour force land and resources land rent landowners Malthusian millenarian modem modiﬁed natmal resources output PERCENT Peter physiocrats political poorer land predicted price of manufactmed primary products PRIMARY RESOURCE INDUSTRIES PRIMARY RESOURCE PRODUCTION producing things PRODUCTION SINCE 1870 proﬁts progressively lower quality real price recognise research and development Research Unit resource owners role of landlords scarce scarcity is reﬂected scarcity of land Scott sources stationary substitute supply of land taxes technical change Thomas Malthus Toronto University of Toronto Victorian wealth