Rent and Profit in the Wealth of Nations
Bibliographic Data
| ID | 10492552 |
|---|---|
| Authors | Anthony Brewer (University of Bristol, corresponding author) |
| Year | 1995 |
| Volume | 42 |
| Issue | 2 |
| Pages | 183-200 |
| Publication date | 1995-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Scottish Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0036-9292 • E-ISSN: 1467-9485 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1467-9485.1995.tb01153.x |
| OpenAlex | W2012317277 |
| Language | EN |
| Citations received | 9 |
This paper draws attention to two relatively neglected features of Adam Smith's analysis of rent and profit. First, he assumed that all land is used for something and that there are many agricultural products. There is no zero rent margin in David Ricardo's sense but the decision to invest in improving unimproved land plays a rather similar role to Ricardo's margin. Second, Smith always assumed an open economy. If these are given full weight, his theory makes a good deal more sense than is often supposed. Copyright 1995 by Scottish Economic Society
Citation · Economics · Neoclassical economics · Political science · Politics · Positive economics · Profit (economics · Sociology · Irish and British Studies · Law · Political Systems and Governance · Scottish History and National Identity
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| Unique citing works | 9 |
|---|---|
| Citations per year | 0.31 |
| Citation span | 1997 - 2026 (30) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 9 |