 Corn is not high because a rent is paid, but a rent is paid because corn is high; and it has been justly observed that no reduction would take place in the price of corn, although landlords should forego the whole of their rent.  Principles of Political Economy and Taxation - Page 45by David Ricardo - 1903 - 455 pagesFull view - About this book
 | 1818 - 638 pages
...rent b paid, but a rent is paid because corn is high ; and it hag been justly observed by Mr Malthus, that no reduction would take place in the price of...produce on the least productive land in cultivation. ' It has been objected to this theory, that, according to Dr Smith, ' the most desert moors in Norway... | |
 | English literature - 1840 - 612 pages
...agricultural product) ' is not high because a rent ' is paid; but a rent is paid because corn is high : and that no ' reduction would take place in the price of corn, although land' lords should forego the whole of their rent.' Secondly, it is certain that where land is in a... | |
 | DAVID WILLISON - 1818 - 572 pages
...or with that portion of capital which pays no rent. Corn is not high bL-cause a rent is paid, but a rent is paid because corn is high ; and it has been justly observed by Mr Malthus, that no reduction would take place in the price of corn, although landlords should forego... | |
 | England - 1819 - 792 pages
...Mr Ricardo and his Reviewer to explain. As matters now stand, the case is hopeless, for (page 77,) " no reduction would take place in the price of corn,...although landlords should forego the whole of their rents." In other words, although the present landlords should cease to be landlords, and the present... | |
 | 1819 - 808 pages
...Mr Ricardo and his Reviewer to explain. As matters now stand, the case is hopeless, for (page 77,) " no reduction would take place in the price of corn,...although landlords should forego the whole of their rents." In other words, although the present landlords should cease to be landlords, and the present... | |
 | England - 1819 - 782 pages
...Mr Ricardo and his Reviewer to explain. As matters now stand, the case is hopeless, for (page 77,) " no reduction would take place in the price of corn,...although landlords should forego the whole of their rents." In other words, although the present landlords should cease to be BCII uut, «• "•- . —... | |
 | Encyclopedias and dictionaries - 1824 - 884 pages
...because corn is high ; and Mr Malthus has tem* justly observed, that no reduction would take place Vi^v^r in the price of corn, although landlords should forego...produce, on the least productive land in cultivation. Although, therefore, it cannot be doubted, that the condition of the greater part of the occupiers... | |
 | Abraham John Valpy - Great Britain - 1826 - 596 pages
...labor, or general outgoings. In page 62 he says, " Corn is not high because a rent is paid ; but a rent is paid because corn is high : and it has been...gentlemen, but would not diminish the quantity of labor necessary to raise raw produce on the least productive land in cultivation.'" Now with respect... | |
 | 1830 - 540 pages
...production on that quality of land which pays no rent. Corn is not high because a rent is paid; but a rent is paid because corn is high ; and it has been...that no reduction would take place in the price of com, although landlords should forego the whole of their rent."—Bicarda't Principles of Political... | |
 | Adam Smith - Economics - 1835 - 494 pages
...with that portion of capital, which pays no rent. ' Corn is not high because a rent is paid, but a rent ' is paid because corn is high ; and it has been...labour ' necessary to raise raw produce on the least produc' tive land in cultivation. ' Nothing is more common than to hear of the ' advantages which the... | |
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