Lectures On Political Economy
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In our eReader you can find the full English version of the book. Read Lectures On Political Economy Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Lectures On Political Economy
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The case, as here put, can never describe the exact form which the bargain takes in actual life : for as the landlord cannot know what exact sum a farmer means to lay out, he cannot calculate the rent hereby. A clever farmer tries to get land that has not hitherto been well tilled, and which therefore has not hitherto been able to afford high rent. He offers an advance of rent, provided that the farm is secured to him for a long term, as 21 years : after this it is worth his while to sink a par...t of his capital in the soil, by manuring, hoeing, scarifying, and other operations, in the expectation of recover- ing it after five, six, and more years. Such pro- cesses confer on the land a new fertility, and enable the farmer to remunerate himself in spite of his payment of rent. This is popularly called High Farming. But in Political Economy it has been usual, since Malthus and Bicardo, to illustrate the subject PROGRESS OF COMMERCIAL RENT. 153 of Kent by the very opposite case ; that of Low Farming, and from the consideration of wheatland only.
What to read after Lectures On Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Newman Francis William to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The case, as here put, can never describe the exact form which the bargain takes in actual life : for as the landlord cannot know what exact sum a farmer means to lay out, he cannot calculate the rent hereby. A clever farmer tries to get land that has not hitherto been well tilled, and which therefore has not hitherto been able to afford high rent. He offers an advance of rent, provided that the farm is secured to him for a long term, as 21 years : after this it is worth his while to sink a par...t of his capital in the soil, by manuring, hoeing, scarifying, and other operations, in the expectation of recover- ing it after five, six, and more years. Such pro- cesses confer on the land a new fertility, and enable the farmer to remunerate himself in spite of his payment of rent. This is popularly called High Farming. But in Political Economy it has been usual, since Malthus and Bicardo, to illustrate the subject PROGRESS OF COMMERCIAL RENT. 153 of Kent by the very opposite case ; that of Low Farming, and from the consideration of wheatland only.
What to read after Lectures On Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Newman Francis William to read onlineMoreLess
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