...capital has accumulated to allow them to drain the more fertile bottom lands. Again, he writes : " Rent is that portion of the produce of the earth which...landlord for the use of the original and indestructible powers of the soil." (Page 44.) This contention has been attacked on the ground that the only original...

...rise.'16 The plausibility of the law depends upon our confining the term 'rent', as Ricardo did, to 'that portion of the produce of the earth, which is...landlord for the use of the original and indestructible powers of the soil'1 - as distinct from man-made improvements or from associated resources such as...

...return to this definition in Section II below. In the Principles there is a change in the wording of the definition. Rent is that portion of the produce of...landlord for the use of the original and indestructible powers of the soil.7 Not even a single word follows this definition by way of elaboration of the meaning...

...from their natural level are considered only as temporary and unimportant deviations. Rent, namely "that portion of the produce of the earth which is paid to the landlords for the use of the original and indistructible power of the soil"13 is determined by technical...

...Ricardo saw capital as congealed or stored-up labor (Haney 1949, pp. 294-95). Rent, according to Ricardo, is "that portion of the produce of the earth which...landlord for the use of the original and indestructible powers of the soil." It "invariably proceeds from the employment of an additional quantity of labour...

...Smith, Ricardo excluded rent as a determinant of the value or price of a commodity. 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, 1963, p. 29). The significant pillars of Ricardo's theory of rent are...

...in cultivation. 17 This is of course not a definition of rent, which Ricardo accurately 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". Proudhon now indulges in a diabolical juggle with the words "law" and "right",...

...Ricardos mam contribution to economics: his land rent theory Ricardo defines land rent as follows: Rent is that portion of the produce of the earth which is paid to the landlord for the original and indestructible powers of the soil. The first land to be cultivated is usually the most...

...Ricardos mam contribution to economics: his land rent theory Ricardo defines land rent as follows: Rent is that portion of the produce of the earth which is paid to the landlord for the original and indestructible powers of the soil. The first land to be cultivated is usually the most...

...of landlords, the statute book would _be ordered very differently. Eicardo, like Smith, says that " rent is that portion of the produce of the earth which is paid for the use of the original and indestructible powers of the soil." (Chap. 2, page 53.) The maker of...