M&D. the colonial economy

[Mark Kohut]

The colonial economy differed significantly from that of most other
regions in that land and natural resources were abundant in America
but labor was scarce.

>From 1700 to 1775 the output of the colonies increased 12 fold, giving
the colonies an economy about 30% the size of Britain's at the time of
independence. The free white population of the colonies enjoyed the
highest standard of living in the world. Population growth was
responsible for over three-quarters of the economic growth of the
British American colonies. There was very little change in
productivity and little in the way of introduction of new goods and
services.[1]

The beginning of DEMOCRACY IN AMERICA will fill you with perspective
on the incredible natural resources that were America. I thought of
this with the ending riff of M & D. "The Fish jump into your arms".
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Pynchon-l / http://www.waste.org/mail/?list=pynchon-l