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An Inquiry Into The Nature And Progress Of Rent, And The Principles By Which It Is Regulated - Softcover

Thomas Robert Malthus

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9780371758823: An Inquiry Into The Nature And Progress Of Rent, And The Principles By Which It Is Regulated

Synopsis

An Inquiry Into The Nature And Progress Of Rent, And The Principles By Which It Is Regulated by Thomas Robert Malthus. The tract defines the rent of land as a portion of national revenue, discusses its origins, and contrasts it with monopoly. Malthus argues the high price of raw produce arises not from artificial monopoly but from three principal natural factors: soil quality that yields more subsistence, the ability of essential goods to create demand, and the relative scarcity of the most fertile lands. He critiques Adam Smith and other Economists, and distinguishes rent from profits, showing rent as a real surplus that grows with capital deepening, population growth, agricultural improvements, and rising demand from expanding manufactures and trade. The work outlines the laws governing rent’s rise and fall, the effects of taxes on agriculture, and how rents influence investment and national wealth, with implications for policy on taxation and the Corn Laws. Published in 1815, originally in London.

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