| Abraham John Valpy - Great Britain - 1826 - 600 pages
...is paid to the landlord. — P,irai-ilu. p. 62. Tin' value of corn is regulated by the quantity or labour bestowed on its production on that quality of land, or with that portiou of capital, u Inch pays no rent. — Ricardu, p. 62. Nothing is more common than to hear of... | |
| 1830 - 550 pages
...quantity of labour bestowed on its production on that quality of land which pays no rent. Corn is not bi|h 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... | |
| Scotland - 1833 - 1034 pages
...better land, if there were no other competitors in the market. " The value of corn," says Ricardo, " is regulated by the quantity of labour bestowed on...with that portion of capital which pays no rent." Principles of Political Economy.— P. 62. " The value of corn," observes Colonel Thomson, "is not... | |
| Adam Smith - Economics - 1835 - 494 pages
...' in the production of the last portion obtained, and ' not because a rent is paid to the landlord. The ' value of corn is regulated by the quantity of...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... | |
| Henry Charles Carey - Business & Economics - 1837 - 380 pages
...employed in the production of the last portion obtained, and not because a rent is paid to the landlord. The value of corn is regulated by the quantity of...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... | |
| George Tucker - Economics - 1837 - 214 pages
...resort to inferior soils, and they are its proximate causes. It is justly remarked by Ricardo that "corn is not high because a rent is paid, but a rent is paid because corn is high;" but it is equally true that corn is high, not as he supposes, because "more labour is employed in the... | |
| Henry Charles Carey - Economics - 1837 - 1158 pages
...employed in the production of the last portion obtained, and not because a rent is paid to the landlord. The value of corn is regulated by the quantity of labour bestowed on *ts production on that quality of land, or with that portion of capital, which pays no rent. Corn is... | |
| Alexander Somerville - Free trade - 1853 - 676 pages
...employed in the production of the last portion obtained, and not because a rent is paid to the landlord. The value of corn is regulated by the quantity of...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... | |
| Henry Dunning Macleod - Economics - 1858 - 636 pages
...with that curious mixture of truth and error which pervades the whole of the exposition, he says, " 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... | |
| Henry Dunning Macleod - Economics - 1858 - 626 pages
...The value of corn is regulated by the quantity of labor bestowed on its production on that quantity of land, or with that portion of capital, which pays no rent." But immediately afterwards, with that curious mixture of truth and error which pervades the whole of... | |
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