As far back as our collective memory as a species goes, land has played, and continues to play, an important role as both an economic resource and the basis on which we organize ourselves, be it in ethnic groups, nations, continents and so on. In economics, land comprises all natural occurring resources whose supply is inherently fixed – be it the land itself, mineral deposits, the atmosphere and so on.
In classical economics, it is considered one of the three factors of production, alongside labour and capital, and while we have managed to liberalize the capital and labour markets … Read More