...supply is boundless, they bear no price*. If all land had the same properties, if it were unlimited ) in quantity, and uniform in quality, no charge could...advantages of situation. It is only, then, because land is not unlimited in quantity and uni• " The earth, as we have already seen, is not the only agent of...

...rent throughout his whole subsequent reasonings. In the chapter just mentioned, Mr Ricardo observes, " If all land had the same properties, if it were boundless...advantages of situation. It is only, then, because land is not boundless in quantity and uniform in quality, and because, in the progress of population, land...

...rent throughout his whole subsequent reasonings. In the chapter just mentioned, Mr Ricardo observes, " If all land had the same properties, if it were boundless...uniform in quality, no charge could be made for its nse, unless where it possessed peculiar advantages of situation. It is only, then, because land is...

...boundless, they bear no price. If all land had ' the same properties, if it were unlimited in quan' tity, and uniform in quality, no charge could be ' made...of situation. It is only, then, because ' land is not unlimited in quantity and uniform in ' quality, and because, in the progress of population, ' land...

...water for the production of their commodities ; but as the supply is boundless, it bears no price. If all land had the same properties, if it were boundless...advantages of situation. It is only then because land is not unlimited in quantVy and uniform in quality, and because in the progress of population, land of...

...more particular examination of the theory they oppose. That theory is thus stated by Mr. Ricardo:* "If all land had the same properties, if it were boundless in quantity, and uniform in quality, no * Principles of Political Economy, Chap. II. charge could be made for its use, unless where it possessed...

...can afford to give. If all land had the same properties, if it were unlimited in * Wealth of Nations. quantity and uniform in quality, no charge could be made for its use, unless when it possessed peculiar advantages of situation. It is because there is not a sufficient extent...

...situation, or to the diversity of returns made by equal portions of capital applied to the same soil. But it will be better to let the teachers of the doctrine...it possessed peculiar advantages of situation. It i< only, then, because land is of different qualities with respect to its productive powers, and because,...

...But it will be better to let the teachers of the doctrine speak for themselves. Mr. Ricardo rays, " If all land had the same properties, if it were ^boundless in quant ity and uniform in quality, no charge could be made for its use, unless where it possessed peculiar...

...main principles of the Ricardo theory, we here give an outline of it, in the words of Mr. Ricardo. Mr. Ricardo says : — " If all land had the same...possessed peculiar advantages of situation. It is then because land is of different qualities with respect to its productive powers, and because, in...