David Ricardo – Rent Definition

Who defined ‘Rent’ as that portion or produce of the Earth which is paid to the landlord for the use of original and indestructible power of the soil?

  1. Ricardo
  2. Marshall
  3. Keynes
  4. Pigou
Manish Listener Asked on 18th November 2014 in Agriculture,   Finance.
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1 Answer(s)

Above statement is related to the famous English political-economist, David Ricardo.

The above state was taken from “Chapter 2: On Rent” from his book on the principles of Political Economy and Taxation. He is one of the most influential of classic economists.

Pushpendra Pal Dean Answered on 18th November 2014.
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