...determinant of price. (a) The way Ricardo defines rent already indicates the result of his argument. If 'rent is that portion of the produce of the earth which is paid to the landlord for the use of the original and indestructible powers of the soil,'2 it is a payment...

...final chapter dealing with the principles for sharing benefits. 2. THEORY OF ECONOMIC RENT DEFINITIONS Rent is "that portion of the produce of the earth which is paid to the landlord for the use of the original and indestructible powers of the soil. ... When in...

...might be necessary to procure it. The Principles of Political Economy and Taxation (1817) 1963:5. 3 Rent is that portion of the produce of the earth which is paid to the landlord for the use of the original and indestructible powers of the soil. The Principles...

...the term is applied to whatever is annually paid by a farmer to his landlord' - and economic rent - 'Rent is that portion of the produce of the earth which is paid to the landlord for the use of the original and indestructible powers of the soil' [Ricardo, 18l7:...

...the appropriation of land has the consequent effect of the creation of rent. Thus, Ricardo writes: 'Rent is that portion of the produce of the earth, which is paid to the landlord for the use of the original and indestructible powers of the soil' (Ricardo 1821:...

...great and deserved celebrity. I agree with Mr. Ricardo (Principles of Political Economy, page 49l ), that "rent is that portion of the produce of the earth...soil;" but I cannot agree with him when he says (page 57I), that "rent is the difference of produce obtained with equal capitals, and with equal labour,...

...is undertaking to explain, it is not that fact which men commonly call 'rent.' According to Ricardo, 'rent' is 'that portion of the produce of the earth which is paid to the landlord for the use of the original and indestructible powers of the soil.' This portion...

...subject, we must enquire into the nature of rent, and the laws by which its rise or fall is regulated. Rent is that portion of the produce of the earth which is paid to the landlord for the use of the original and indestructible powers of the soil. It is often,...

...Ricardo David Ricardo (1772-1823) formalised, and vastly improved, the arguments of the Physiocrats. Rent is that portion of the produce of the earth, which is paid to the landlord for the use of the original and indestructible powers of the soil. It is often,...

...emphasize the dependency of the benefit on landownership (Marx, for example, uses this terminology). Rent is "that portion of the produce of the earth which is paid for the original and indestructible powers of the soil" (Ricardo 1951 [1821], p. 67). The association...