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Financial Commentary

October 6, 2011. I was reading through the fantastic Tim Harford book the undercover economist http timharford.combooksundercovereconomist. When I came across the interesting topic of David Ricardos rent theory. David Ricardos rent theory says this. One day one farmer decides to rent one lot of land to set up his farm. He would of course like land A and he gets it for a very cheap price. This is because the scarcity is in the farmers giving them the bargaining farmer. Pays more rent for the mo.

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Financial Commentary

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October 6, 2011. I was reading through the fantastic Tim Harford book the undercover economist http timharford.combooksundercovereconomist. When I came across the interesting topic of David Ricardos rent theory. David Ricardos rent theory says this. One day one farmer decides to rent one lot of land to set up his farm. He would of course like land A and he gets it for a very cheap price. This is because the scarcity is in the farmers giving them the bargaining farmer. Pays more rent for the mo.

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The site had the following in the homepage, "I was reading through the fantastic Tim Harford book the undercover economist http timharford." I noticed that the web site stated " When I came across the interesting topic of David Ricardos rent theory." They also stated " David Ricardos rent theory says this. One day one farmer decides to rent one lot of land to set up his farm. He would of course like land A and he gets it for a very cheap price. This is because the scarcity is in the farmers giving them the bargaining farmer. Pays more rent for the mo."

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