“The national predicament has obsessed public debate for five years now; all political discussion has revolved on it. In that time, innumerable unrelated or contradictory explanations for the crisis have been advanced by British economists. The most influential has doubtless been Kaldor’s, which attributes Britain’s post-war economic decline to a shortage of cheap labour from the primary sector, due to the uniquely rationalized English agriculture of the last century.”

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Originally said in English.

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About Nicholas Kaldor

Nicholas Kaldor is quoted here; further biographical details are not publicly available.

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