Notes On Political Economy
Notes On Political Economy
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In our eReader you can find the full English version of the book. Read Notes 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 Notes On Political Economy
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2. Sec. 10. P. 170. 5 34 NOTES ON it will yield after the replacement of the capital of the cultivator with the average rate of profits and wages. In a state of society in which neither taxation, commercial restrictions, nor a vicious division of the land, prevents the labourer and capitalist from receiv- ing as large a share of its produce as they are entitled to from their skill and exertions, rent will never ex- ceed, as I have endeavoured to show, the originally productive powers of the soi...l. It follows that as po- pulation increases and fresh land must be cultivated to raise the additional food required, the rent paid for the use of land of decreasing fertility will be rela- tively less thnn that already in cultivation by the dif- ference in its naturally productive power. The rent received for land of this comparative inferiority will then be in proportion to the surplus it can be made to yield, after the deduction of all the expenses of culti- vation, including, of course, average profits and wages, as in the instance of the land first cultivated.
What to read after Notes On Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Jacob N Jacob Newton Cardozo to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
2. Sec. 10. P. 170. 5 34 NOTES ON it will yield after the replacement of the capital of the cultivator with the average rate of profits and wages. In a state of society in which neither taxation, commercial restrictions, nor a vicious division of the land, prevents the labourer and capitalist from receiv- ing as large a share of its produce as they are entitled to from their skill and exertions, rent will never ex- ceed, as I have endeavoured to show, the originally productive powers of the soi...l. It follows that as po- pulation increases and fresh land must be cultivated to raise the additional food required, the rent paid for the use of land of decreasing fertility will be rela- tively less thnn that already in cultivation by the dif- ference in its naturally productive power. The rent received for land of this comparative inferiority will then be in proportion to the surplus it can be made to yield, after the deduction of all the expenses of culti- vation, including, of course, average profits and wages, as in the instance of the land first cultivated.
What to read after Notes On Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Jacob N Jacob Newton Cardozo to read onlineMoreLess
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