...such cases, be found to have lost the character attributed to it by Kicardo. It will not be paid only for the use of " the original and indestructible powers of the soil." Nay, it will be difficult, if not impossible, in any case where rent is paid for land, to ascertain...

...such cases, be found to have lost the character attributed to it by Ricardo. It will not be paid only for the use of " the original and indestructible powers of the soil." Nay, it will be difficult, if not impossible, in any case where rent is paid for land, to ascertain...

...landlord for the use of the natural and inherent powers of the soil.' — M'Culloch, Principles, 265. ' That portion of the produce of the earth which is...the original and indestructible powers of the soil.' — Ricardo, Principles, 34. ' The payment made for the use of the soil.' — Rogers, Political Economy,...

...from active life, and died September 3, 1874. RENT, in political economy, is defined by Ricavdo to be 'that portion of the produce of the earth which is paid to the landlord for the use of the indestructible powers of the soil. It is often, however,' he remarks, ' confounded with the interest...

...class." ; Here the logical deduction makes its appearance — rent is an injustice. RIGAEDO. — " Rent is that portion of the produce of the earth which...the original and indestructible powers of the soil" * Wealth of Nations (Buchanan's 2d edit.), vol. il. p. 53. t Ib., vol. ii. p. 54. J />., vol. li. p....

...free competition among farmers, and thereby disclosed the true doctrines of rent and of natural value. "Rent is that portion of the produce of the earth,...the original and indestructible powers of the soil." Ricardo, ch. II. For the development of this idea of rent see Cairnes, (a) Lecture VIII. (3) Ricardo...

...free competition among farmers, and thereby disclosed the true doctrines of rent and of natural value. "Rent is that portion of the produce of the earth,...the original and indestructible powers of the soil." Ricardo, ch. II. For the development of this idea of rent see Cairnes, (a) Lecture VIII. (3) Ricardo...

...acceptance as one of the fundamental principles of political economy is mainly due. " Rent," says RICARDO, " is that portion of the produce of the earth which...the original and indestructible powers of the soil." If land were unlimited in quantity, and uniform both in quality and in advantages of situation, no...

...just as men by mauy processes transform the iron ore into the steam-engine, llicardo l says that " rent is that portion of the produce of the earth,...the original and indestructible powers of the soil." As a matter of fact, and as we shall see, there are no such powers; and even if there were, it would...

...of all, this law assumes, that there are "original and indestructible powers of the soil," and that "rent is that portion of the produce of the earth which is paid to the landlord for the use " of these powers, and that the varying grades of soil become such and continue such without modification...