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Political economy

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Bibliographic data

Metadata: Political economy

Monograph

Identifikator:
1775636852
URN:
urn:nbn:de:zbw-retromon-164018
Document type:
Monograph
Author:
Knibbs, George Handley http://d-nb.info/gnd/1045010944
Title:
The shadow of the world's future, or The earth's population possibilities & the consequences of the present rate of increase of the earth's inhabitants
Place of publication:
London
Publisher:
Ernest Benn Limited
Year of publication:
(1928)
Scope:
131 Seiten
Digitisation:
2021
Collection:
Economics Books
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Chapter

Document type:
Monograph
Structure type:
Chapter
Title:
Chapter I. The Outlook
Collection:
Economics Books

Contents

Table of contents

  • Political economy
  • Title page
  • Contents

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CHAPTER VIII 
RENT 
In economics the term “ rent " is not used 
with its ordinary significance. Ordinarily 
it means the annual payment made for land 
or buildings. It therefore stands for a 
hiring charge : but it is not applied to every 
hiring charge. If a person hired a brougham 
he would no more call the charge for it a rent 
than he would call the rent of his house a 
hiring charge. This common usage of the 
term “ rent ” has been determined solely 
by convention. Economists began with it, 
but after economic inquiry became more 
scientific, and the causes of payments began 
to be investigated, the application of 
the word “ rent ” in economics suffered 
restriction. In this study, it was made 
to refer only to annual or other periodic 
payments for land, apart from payments for 
things produced by labour and capital such 
as houses and farm buildings. The split 
between common usage and economic usage 
194
	        

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Political Economy. Williams & Norgate [u.a.], 1912.
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