David Ricardo：On the Principles of Political Economy and Taxation, Excerpt 52

On the first settling of a country, in which there is an abundance of rich and fertile land, a very small proportion of which is required to be cultivated for the support of the actual population, or indeed can be cultivated with the capital which the population can command, there will be no rent; for no one would pay for the use of land, when there was an abundant quantity not yet appropriated, and therefore at the disposal of whosoever might choose to cultivate it.

Source： https://www.gutenberg.org/ebooks/33310
Locator：Excerpt 52 · Verified：2026-10-19 · Verification：Short excerpt

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