Political economy

Bibliographic data

Monograph

Identifikator:: 867647221

URN:: urn:nbn:de:zbw-retromon-93157

Document type:: Monograph

Author:: Chapman, Sydney John http://d-nb.info/gnd/123743141

Title:: Political economy

Place of publication:: London [u.a.]

Publisher:: Williams & Norgate [u.a.]

Year of publication:: 1912

Scope:: 1 Online-Ressource (255 Seiten)

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

RENT 203 so that the worst land bears no rent ; and let it be given also that the inhabitants of the country continue to multiply notwith standing. In consequence of the latter cir cumstance, the demand for the fruits of the earth would rise, and, if payment for land did not rise proportionately at the same time and the worst land bear a rent corresponding to the increased value of its produce, all farmers would make profits over and above those earned by men of similar capacity in other callings, because presumably, prior to the rise in the price of food, the farming business was neither more nor less profitable than other businesses. The comparative fortunes to be made out of tilling the soil would attract into the farming industry larger numbers year by year ; which is to say that in a short time excessive competition to obtain land, the source of the abnormal profits, would appear. Under the pressure of this competition, the land at the bottom of the scale, as regards quality, would begin to bear a rent, and this rent would rise until the farming of that land was no more profit able than any other business, that is, until the substitution of farming for another trade would be a matter of indifference from the pecuniary point of view. And, just as and

Access restriction

Copyright

fullscreen: Political economy

Monograph

Table of contents

Download

Monograph

This page

Image fragment

Citation links

Citation recommendation