There Can Be No Greater Error Then

The Produce Of The Earth - All That Is Derived From Its Surface By The United Application Of Labour, Machinery, And Capital, Is Divided Among Three Classes Of The Community, Namely, The Proprietor Of The Land, The Owner Of The Stock Or Capital Necessary For Its Cultivation, And The Labourers By Whose Industry It Is Cultivated.

The Factors Left Out Of The Ricardian Equation Are Falling Wages And Idle Capacity.

The Price Of Corn Will Naturally Rise With The Difficulty Of Producing The Last Portions Of It.

Whenever, Then, The Usual And Ordinary Rate Of The Profits Of Agricultural Stock, And All The Outgoings Belonging To The Cultivation Of Land, Are Together Equal To The Value Of The Whole Produce, There Can Be No Rent.

If I Discover A Manure Which Will Enable Me To Make A Piece Of Land Produce 20 Per Cent More Corn, I May Withdraw At Least A Portion Of My Capital From The Most Unproductive Part Of My Farm.