Theories of the rent of land during the period 1600- 1820
Part of : Αρχείον οικονομικής ιστορίας ; Vol.XIV, No.1, 2002, pages 159-169
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159-169
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The determination of the rent of land constituted even more than the determination of workers’ wages the most significant subject particularly during the era prior to 1870.From Petty to the naturalists and from Smith to Ricardo the rent of land is to be found in the nucleus of economic thought. The rise of capitalism shifted the focus of the analysis to profits and wages. For a while the echo of discussions was very vivid and this is quite obvious in the work of Marx, Warlas and the Austrians. Later the determination of the rent of land was considered to be a less important subject and from 1890 on, economists didn’t seem to be seriously preoccupied with it.
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