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Quotation from On the Principles of Political Economy and Taxation by David Ricardo
“Rent is that portion of the produce of the earth, which is paid to the landlord for the use of the original and indestructible powers of the soil.”
On the Principles of Political Economy and Taxation, Chapter II: On rent (On the Principles of Political Economy, and Taxation, 1st ed. (London: John Murray, 1817), Project Gutenberg #33310)
Ricardo's definition of rent, which he separates from the interest and profit on capital invested in the land; his differential theory of rent follows from it.
Citation: "Rent is that portion of the produce of the earth, which is paid to the landlord for the use of the original and indestructible powers of the soil." — David Ricardo, On the Principles of Political Economy and Taxation, Chapter II: On rent (On the Principles of Political Economy, and Taxation, 1st ed. (London: John Murray, 1817), Project Gutenberg #33310). (id ricardo-principles-of-political-economy-and-taxation-q3)
