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 What Does Adam Smith mean by 'Rent'?

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vichy



Number of posts: 918
Location: Northwest US
Registration date: 2008-07-26

PostSubject: What Does Adam Smith mean by 'Rent'?   Wed Jul 01, 2009 12:32 am

Can anyone explain/link Adam Smith's views on 'rent'? I'm reading the Wealth of Nations right now, and I'm in the middle of a gigantic chapter on rent. But I don't even know what he means by 'rent' so far. The theory seems incoherent or non-existant.
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What Does Adam Smith mean by 'Rent'?

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