Limitations of the Ricardian Theory of Rent
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In our eReader you can find the full English version of the book. Read Limitations of the Ricardian Theory of Rent 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 Limitations of the Ricardian Theory of Rent
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In the early period the point of view of the law emanating both from the courts and from Parliament was that the property rights of the landlords must be maintained. The high compensation paid for land as well as the large parliamentary expenses involved in securing the right of incorporation are abundant evidence that the vested interests of the landlords were safeguarded in the infancy of railroad development. Now the government is supposed to maintain the income which gives to particular rai...lroad property its present capital value. Any effective control which would involve a lowering of the present capitalization of railway in- vestment would be considered a violation of the property rights of the investors.3 There is no evidence of this revolution in institutions either in the later Ricardian rent doctrine or in the theory of capital income.
The railroads brought the British Isles into competition with those lands whose ownership counted least.'' " English land which had to support the landlords, the titheowner, the farm- ers, the laborer, and a large army of paupers had to compete with land where often one man was owner, farmer, and laborer with no tithe and no poor rates." s In the new world the labor * Royal Commission on Agriculture.
What to read after Limitations of the Ricardian Theory of Rent?
You can find similar books in the "Read Also" column, or choose other free books by David Ricardo to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In the early period the point of view of the law emanating both from the courts and from Parliament was that the property rights of the landlords must be maintained. The high compensation paid for land as well as the large parliamentary expenses involved in securing the right of incorporation are abundant evidence that the vested interests of the landlords were safeguarded in the infancy of railroad development. Now the government is supposed to maintain the income which gives to particular rai...lroad property its present capital value. Any effective control which would involve a lowering of the present capitalization of railway in- vestment would be considered a violation of the property rights of the investors.3 There is no evidence of this revolution in institutions either in the later Ricardian rent doctrine or in the theory of capital income.
The railroads brought the British Isles into competition with those lands whose ownership counted least.'' " English land which had to support the landlords, the titheowner, the farm- ers, the laborer, and a large army of paupers had to compete with land where often one man was owner, farmer, and laborer with no tithe and no poor rates." s In the new world the labor * Royal Commission on Agriculture.
What to read after Limitations of the Ricardian Theory of Rent?
You can find similar books in the "Read Also" column, or choose other free books by David Ricardo to read onlineMoreLess
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