David Ricardo：On the Principles of Political Economy and Taxation, Excerpt 56

In this case, as well as in the other, the capital last employed pays no rent. For the greater productive powers of the first 1000_l._, fifteen quarters is paid for rent, for the employment of the second 1000_l._ no rent whatever is paid. If a third 1000_l._ be employed on the same land, with a return of seventy-five quarters, rent will then be paid for the second 1000_l._ and will be equal to the difference between the produce of these two, or ten quarters; and at the same time the rent of the first 1000_l._ will rise from fifteen to twenty-five quarters; while the last 1000_l._ will pay no rent whatever.

Source： https://www.gutenberg.org/ebooks/33310
Locator：Excerpt 56 · Verified：2026-10-19 · Verification：Short excerpt

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