Re: Economic Rent As Sum of Externalities


"jmh" <jmhall@xxxxxxxxxxxxxxxx> wrote in message


Technological advancement and dispursed ownership of land
should drive whatever rent the land owner gets to a minimum
within the society.

There's no reason to suppose that it should.In fact it may well do the
opposite. Any rise in labor productivity will lead to an increase in land
rent, other things being equal.



.

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