Book · An Inquiry into the Wealth of Nations
Page 692 of 2651
Author: Adam Smith
Time0:00
Speed (WPM)0.0
Accuracy100.0%
Press start and type the lines exactly as shown. · Backspace is disabled — keep going even after a mistake.
That rise in the real price of those parts of the rude produce of
land, which is first the effect of the extended improvement and
cultivation, and afterwards the cause of their being still
further extended, the rise in the price of cattle, for example,
tends, too, to raise the rent of land directly, and in a still
greater proportion. The real value of the landlord's share, his
real command of the labour of other people, not only rises with
the real value of the produce, but the proportion of his share to
the whole produce rises with it.
That produce, after the rise in its real price, requires no more
labour to collect it than before. A smaller proportion of it
will, therefore, be sufficient to replace, with the ordinary
profit, the stock which employs that labour. A greater proportion
of it must consequently belong to the landlord.
Press start and type the lines exactly as shown.
Not started