An Inquiry into the Nature and Progress of Rent, and the Principles by Which It is Regulated

An Inquiry into the Nature and Progress of Rent, and the Principles by Which It is Regulated
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Thomas Malthus. An Inquiry into the Nature and Progress of Rent, and the Principles by Which It is Regulated

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The rent of land is a portion of the national revenue, which has always been considered as of very high importance.

According to Adam Smith, it is one of the three original sources of wealth, on which the three great divisions of society are supported.

.....

First, and mainly, that quality of the earth, by which it can be made to yield a greater portion of the necessaries of life than is required for the maintenance of the persons employed on the land.

Secondly, that quality peculiar to the necessaries of life of being able to create their own demand, or to raise up a number of demanders in proportion to the quantity of necessaries produced.

.....

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