| Thomas A. Boylan, Tadhg Foley - Business & Economics - 2003 - 324 pages
...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...landlord for the use of the original and indestructible powers of the soil.' This portion of the produce of the earth is often confounded with the interest... | |
| Terry Peach - Economics - 2003 - 370 pages
...capital, labour, wages, and other terms, set up a definition peculiarly their own. 'Rent,' they say, 'is that portion of the produce of the earth which...landlord for the use of the original and indestructible powers of the soil.'20 This description entirely omits what in reality constitutes by far the greater... | |
| Robert Nadeau - Business & Economics - 2003 - 278 pages
...The following is from the chapter "On Rent" in On the Principles of Political Economy. Rent is the portion of the produce of the earth, which is paid...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,... | |
| Terry Peach - Economics - 2003 - 256 pages
...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 which is given to the landlord for the use of the soil;" but I cannot agree with him when he says (page 57I),... | |
| Oliver J. Thatcher - History - 2004 - 476 pages
...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...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,... | |
| Gerald M. Meier - Business & Economics - 2004 - 264 pages
...cannot induce a larger supply of land: it is a return to the landlord that covers no cost and is merely "that portion of the produce of the earth, which is...landlord for the use of the original and indestructible powers of the soil." In the classical tradition, Ricardo's analysis assigns overwhelming importance... | |
| Dominic Maxwell, Anthony Vigor - Land value taxation - 2005 - 76 pages
...Ricardo David Ricardo (1772-1823) formalised, and vastly improved, the arguments of the Physiocrats. 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,... | |
| Stephen Merrett - Science - 2005 - 169 pages
...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... | |
| Alexander Davidson - Business & Economics - 2005 - 356 pages
...Ricardo, David David Ricardo was an early 1 8th century economist known for his theory that rent was 'that portion of the produce of the earth which is...landlord for the use of the original and indestructible powers of the soil'. He argued that money was not significant in the payment of the rent, but that... | |
| Russell L. Parr, Gordon V. Smith - Business & Economics - 2005 - 890 pages
...during the period of protection. Economist David Ricardo discussed rent in an 1891 publication: as that portion of the produce of the earth, which is...landlord for the use of the original and indestructible powers of the soil... [as opposed to]... the interest and profit of capital . . . employed in ameliorating... | |
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