...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...

...supplied the answer in the Theory of Rent associated with his name. Ricardo defined rent as follows : "Rent is that portion of the produce of the earth...landlord for the use of the original and indestructible powers of the soil." Economic rent, according to Ricardo. is the true surplus left after the expenses...

...use. Ricardo thus contended that rent must be a result and not a cause of price. He defined rent as "that portion of the produce of the earth which is...landlord for the use of the original and indestructible powers of the soil" (Ricardo, 1962: 34). Essentially, he believed that rents were determined by the...

...Ricardian rents, which, not surprisingly, were "discovered" by Ricardo (1817), were originally defined as "that portion of the produce of the earth which is...landlord for the use of the original and indestructible powers of the soil". In other words, rents are claimed to be dependent the productivity of the land...

...use-values, which are to be got hold of through industry. Ricardo's explanation that: "Rent is that part of the produce of the earth, which is paid to the landlord for the use of the originaland indestructible powers ofthesoiF (Ie, p. 53) is poor. Firstly, the soil has no "indestructible...