...output attributable to rent. In the chapter below, we see that process at work. Chapter II On Rent . . . Rent is that portion of the produce of the earth,...landlord for the use of the original and indestructible powers of the soil. It is often, however, confounded with the interest and profit of capital, and,...

...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...landlord for the use of the original and indestructible powers of the soil,'2 it is a payment for fertility only. As there are lands of different fertility,...

...instruments employed in agriculture." (Ricardo, l8l9, p. 5) b. 2) Rent, productivity, and economic dynamics "Rent is that portion of the produce of the earth,...landlord for the use of the original and indestructible powers of the soil." (ibid., p. 67). "It is only [...] because land is not unlimited in quantity and...

...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...landlord for the use of the original and indestructible powers of the soil. ... When in the progress of society, land of the second degree of fertility is...

...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...landlord for the use of the original and indestructible powers of the soil. The Principles of Political Economy and Taxation (1817) 1963:29. 4 The reason....

...the exposition of value which is contained in the first, he deals with rent. " Rent " he defines as " that portion of the produce of the earth which is...landlord for the use of the original and indestructible powers of the soil." This is the " strict sense " of the term, and must be distinguished from that...

...altogether from its inflnenee. He defines rent aa " that portion of the produee of the earth whieh is paid to the landlord for the use of the original and indestruetible powers of the soil." He eontinually refen to theee powers of the soil, whieh are desoribed...

...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...landlord for the use of the original and indestructible powers of the soil' [Ricardo, 18l7: 33]. Here Ricardo was highlighting the significant role played...

...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,...landlord for the use of the original and indestructible powers of the soil' (Ricardo 1821: 67). It is true that we may now doubt that any power of the soil...

...formulated not only a law of diminishing returns but a law that dictated that portion of production "paid to the landlord for the use of the original and indestructible powers of the soi/." 177 His work corrected a number of inconsistencies Smith had fallen victim to...