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The rent of land consists of the excess of its return above the return to the worst
land in cultivation, . . . 519 4. — or to the capital employed in the least
advantageous circumstances, 521 5. Is payment for capital sunk in the soil, rent,
or profit ?
The tanks, wells, and canals for irrigation, without which in many tropical climates
cultivation could hardly be carried on ; the embankments which confine the rivers,
the bazars for dealers, and the seraees for travellers, none of which could ...
... who are remunerated by land given to them rent-free to cultivate, or by fees
paid to them in kind from such share of the ... of supporting life and continuing
their cultivation, and are repaid with enormous interest 32 PRELIMINARY
and continuing their cultivation, and are repaid with enormous interest at the next
harvest ; or, on a larger scale, they lend to the government, or to those to whom it
has granted a portion of the revenue, and are indemnified by assignments on ...
riage, is generally limited in quantity : there is not so much of it as persons would
gladly occupy and cultivate, or otherwise turn to use. In all old countries, land
capable of cultivation, land at least of any tolerable fertility, must be ranked
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Pragmatic or muddled? Mill sets out to explore economic principles but, ultimately, finds that there is no principle which doesn't have any amount of conceivable exceptions. You have to wonder why its ... Читати огляд повністю