My favorite insight: > “[...] tenancy conditions tended to be more favorable in rice-farming areas than in wheat-farming ones, with a lower portion of the tota

My favorite insight: > “[...] tenancy conditions tended to be more favorable in rice-farming areas than in wheat-farming ones, with a lower portion of the total harvest going to the landlord. Thus the irony that precisely because labor was so abundant, rice farming tended towards labor-intensive methods and solutions, which in turn improved returns to labor (compared to returns to capital), putting the small farmers, despite their abundance, in a marginally better bargaining position.”