Disguised unemployment cannot occur where land remains abundant relative to population

Evidence

According to Gudin, no “disguised unemployment” (pace Arthur Lewis) was possible in countries where “land is still quite abundant in relation to population” … According to Gudin, disguised unemployment was often confused with low productivity. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1310

Categorization

• DEFINE: Clarifies the concept of ‘disguised unemployment’ as distinct from low productivity, a key development-economics term.
• XREF: connects to: Quitrents failed in America because land was abundant — Lawrence M. Friedman, A History of American Law, 278