...said by Mr. Ricardo, to be ' that portion of the produce of the ear^h, which is paid by the farmer to the landlord for the use of the original and indestructible powers of the soil.' This definition may be considered as sufficiently correct, if by the phrase ' original and indestructible...

...exorbitant impost, he demands not merely that portion of the produce of the earth paid to the proprietor for the use of the original and indestructible powers of the soil, or that which is a remuneration for the expenditure of capital in its improvement, but also the whole...

...of labour necessary to production. In order to understand this part of the subject, we must enquire into the nature of rent, and the laws by which its...however, confounded with the interest and profit of capital, and, in popular language, the term is applied to whatever is annually paid by a farmer to...

...of labour necessary to production. In order to understand this part of the subject, we must enquire into the nature of rent, and the laws by which its...use of the original and indestructible powers of the soil-j It is often, however, confounded with the interest and profit of capital, and, in popular language,...

...parts of his work on the Principles of Political Economy and Taxation, It is denned, first, to be " that portion of the produce of the earth, which is...the original and indestructible powers of the soil." Rent, according to this definition, is made to depend on natural fertility. But the definition given...

...or would allow of a rise, 'on what is already cultivated."* As rent is stated by Mr. Ricardo to be " that portion of the produce of the earth which is...the original and indestructible powers of the soil," according to the progress of population, it would seem necessarily to follow, that every addition to...

...therefore advances and endeavours to establish another in its stead, as follows : — " Rent," he says, " is that portion of the produce of the earth which...use of the original and indestructible powers of the soil."t Nothing can be more futile and absurd than this definition, or more vain and useless than the...

...therefore advances and endeavours to establish another in its stead, as follows:—" Rent," he says, " is that portion of the produce of the earth which...use of the original and indestructible powers of the soil."t Nothing can be more futile and absurd than this definition, or more vain and useless than the...

...wages of labour and profits of stock had been replaced out of the gross produce.] Ricardo ^[ calls it ' that portion of the produce of the earth which is...the original and indestructible powers of the soil.' But it is not for the original, but the actual powers ; it is not for the indestructible, but the undestroyed...

...profits must fall to 3 per cent., and that as he pays no wages, the fall of APPENDIX. RENT. P. 48. " Rent is that portion of the produce of the earth which...the original and indestructible powers of the soil." P. 50. "No one would pay (rent) for the use of land where there was an abundant quantity not yet appropriated."...