in corn increase, and the price of corn rises; rents, therefore, doubly tend to increase.” Prove
- Professor Rogers adduces, in refutation of the common theory of rent, the fact that land near New York pays a high rent, while land of the same natural fertility in the Western States pays no rent. How far do you admit the force of this objection?
- Examine the following doctrine:
- What answer is made to Mr. Carey's objection to Ricardo's theory of rent, that in point of fact the poorer, not the richer, lands are first brought under cultivation?
- Explain how land, “even apart from differences of situation,... would all of it, on a certain supposition, pay rent.”
- Explain clearly how it is possible for the land of a country which is all of uniform fertility to pay rent.
- “If the earth had a perfectly smooth surface the same everywhere, [pg 645] and if it were all tilled and cultivated in exactly the same way, there would be no such thing as rent.” Examine this proposition.
- Show that rent does not increase the price of bread.
- How is it shown that “rent does not really form any part of the expenses of production or of the advances of the capitalist?”
- (1.) What connection exists between the price of agricultural products