- Ricardian theory of rent
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/ri kahr"dee euhn/.See economic rent.[after David RICARDO; see -IAN]
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Universalium. 2010.
Ricardian theory of rent
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Ricardian theory of rent — /ri kahr dee euhn/. See economic rent. [after David RICARDO; see IAN] … Useful english dictionary
Ricardian economics — David Ricardo was born in 1772 and made a fortune by later becoming a stockbroker and loan broker (Henderson 826, Fusfeld 325). At the age of 27, he read An Inquiry into the Nature and Causes of Wealth of Nations by Adam Smith and was energized… … Wikipedia
ricardian — rə̇ˈkärdēən adjective Usage: usually capitalized Etymology: David Ricardo died 1823 English economist + English ian : of or relating to the English political economist Ricardo or to his theory of rent as an economic surplus … Useful english dictionary
economic rent — the return on a productive resource, as land or labor, that is greater than the amount necessary to keep the resource producing or on a product in excess of what would have been the return except for some unique factor. Also called Ricardian… … Universalium
Labor theory of value — The labor theories of value (LTV) are theories in economics according to which the values of commodities are related to the labor needed to produce them.There are many different accounts of labor value, with the common element that the value of… … Wikipedia
Classical theory of growth and stagnation — Classical economics refers to work done by a group of economists in the eighteenth and nineteenth centuries. The theories developed mainly focused on the way market economies functioned. Classical Economics study mainly concentrates on the… … Wikipedia
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Criticisms of the labour theory of value — often arise from an economic criticism of Marxism. Contents 1 Microeconomic theory 2 Supply and demand 3 Jevons 4 Menger s critique … Wikipedia
Cost-of-production theory of value — In economics, the cost of production theory of value is the theory that the price of an object or condition is determined by the sum of the cost of the resources that went into making it. The cost can compose any of the factors of production… … Wikipedia
distribution theory — ▪ economics Introduction in economics, the systematic attempt to account for the sharing of the national income among the owners of the factors of production land, labour, and capital. Traditionally, economists have studied how the costs of … Universalium
