| David Ricardo - Business & Economics - 2005 - 372 pages
...not because a rent is paid to the landlord. The value of corn is regulated by the quantity of labor bestowed on its production on that quality of land, or with that portion of capital, which pays not rent. Corn is not high because a rent is paid, but a rent is paid because corn is high; and it... | |
| Hans-Joachim Stadermann, Otto Steiger - Business & Economics - 2006 - 416 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...is paid, but a rent is paid because corn is high." 16 D. RICARDO, Über die Grundsätze der Politischen Ökonomie und der Besteuerung (1817, 182l3), herausgegeben... | |
| John Alwyn Mathews - Business & Economics - 2006 - 284 pages
...succinct statement of this position, see Mathews (2006a). 4. As Ricardo himself expressed the matter, "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 Dunning Macleod - Economics - 1886 - 402 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... | |
| David Ricardo, John Ramsay McCulloch - Economics - 2000 - 636 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...production on that quality of land, or with that portion of * Has not M. Say forgotten, in the following passage, that it is the cost of production which ultimately... | |
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