An Inquiry Into The Nature And Progress Of Rent And The Principles By Which It Is Regulated on Superphysics

What is Rent?

Thu, 20 Mar 2025 00:00:00 +0000

The following tract contains the substance of some notes on rent, which, with others on different subjects relating to political economy, I have collected in the course of my professional duties at the East India College. It has been my intention, at some time or other, to put them in a form for publication; and the very near connection of the subject of the present inquiry, with the topics immediately under discussion, has induced me to hasten its appearance at the present moment. It is the duty of those who have any means of contributing to the public stock of knowledge, not only to do so, but to do it at the time when it is most likely to be useful. If the nature of the disquisition should appear to the reader hardly to suit the form of a pamphlet, my apology must be, that it was not originally intended for so ephemeral a shape.

The Rise and Fall of Rent

Thu, 20 Mar 2025 00:00:00 +0000

In the early periods of society, the knowledge and capital of society were employed on fresh and fertile land.

Their surplus produce gives extraordinary high profits, and extraordinary high wages, and appears but little in the shape of rent.

Adam Smith

Thu, 20 Mar 2025 00:00:00 +0000

The actual state of the natural rent of land is necessary to the actual produce.

The price of produce, in every progressive country, must be just about equal to the cost of production on land of the poorest quality actually in use; or to the cost of raising additional produce on old land, which yields only the usual returns of agricultural stock with little or no rent.

An Inquiry Into The Nature And Progress Of Rent And The Principles By Which It Is Regulated on Superphysics

What is Rent?

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The Rise and Fall of Rent

Adam Smith