Economic essays

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Monograph

Identifikator:: 1753623200

URN:: urn:nbn:de:zbw-retromon-136107

Document type:: Monograph

Title:: Economic essays

Place of publication:: New York

Publisher:: Macmillan

Year of publication:: 1927

Scope:: viii, 368 S.; Ill., graph. Darst.

Digitisation:: 2021

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Land economics / Richard T. Ely

Collection:: Economics Books

LAND ECONOMICS 121 confiscation, in order to bring it into use. Yet we find that some kinds of land are being brought into use too rapidly, and par- ticularly is this true with respect to one kind of land, namely, privately owned forest land. Experts are in general agreement in their belief that taxation in the United States has brought forest land into use too rapidly and this has been contrary to the principles of conservation. But we need not continue; the reader can find many illustrations showing that one of the first steps In any scientific or practical treatment of the land is classifica- tion. Idea of Property Distinctive in Land Economics. Many sciences and arts deal with land; for example, geology and agri- culture and in certain aspects engineering, landscape gardening, and even architecture. What is it that marks out a field for land economics? It is the concepts, property and value. More than any others these two concepts distinguish economic inquiries con- cerning the land from other sciences and arts dealing with land. Property and value mark out the field of land economics and separate it from those sciences which treat of land with reference to its productive powers in agriculture or its geological content and formation. Let us then clearly grasp the property-idea as distinctive, giv- ing us property-relations. Economics in general is a science of human relationships, and so is land economics as one of the major divisions of economics. This becomes clear, if we consider the topics with which we deal in land economies. To mention only a few: tenancy in city and country, value and price of land, tax- ation of land, public ownership, community ownership, the open range, large landholdings, conservation, height of buildings, the congestion of urban population. Definition of Land Economics. We are now prepared to pro- ceed to definitions, and we offer the following as a broad general definition of land economics: Land Economics vs that division of economacs, theoretical and applied, which is concerned with the land as an economic concept and with the economic relations which grow out of the utilization of land as property. The older economists distinguished frequently between science and art. This distinction, which has generally fallen into disuse, may be helpful in giving us a fuller idea of the proper scope of land economics: As q science, land economics seeks the truth for

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