Labour, Capital and Property Rights in a Land Abundant Peasant Economy : Explaining the Relative Success of Native Purchase Farmers in Southern Rhodesia, c. 1930-1960
The lack of secure property rights has been identified by a number of economists – past and present – as an obstacle for long-term growth of output of African farming. The foundation for such a claim is that insecure property rights hinder long-term capital investments. Although the observed infrequency of private property rights in African history is correct there are exceptions. This paper exami
