Alfred Marshall On Rent (Illustrated)

Business & Finance, Economics, Macroeconomics, Theory of Economics
Cover of the book Alfred Marshall On Rent (Illustrated) by Alfred Marshall, AS Team
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Alfred Marshall ISBN: 1230000254161
Publisher: AS Team Publication: July 22, 2014
Imprint: Language: English
Author: Alfred Marshall
ISBN: 1230000254161
Publisher: AS Team
Publication: July 22, 2014
Imprint:
Language: English

The book has an active table of contents for easy access to each chapter.

Marshall is in the row with the greatest economists Adam Smith, David Ricardo, John Keynes, John Locke, Frederic Bastiat, and John Stuart Mill. He coined the important economic concept of price elasticity of demand to quantify consumer sensitivity to price.

His contributions to the theory of cost, Money, Credit and Commerce have become the foundation for the Austrian schools of thought.

Marshall’s approach to pricing using supply and demand also laid the cornerstone work for future generations of economists in developing models to forecast price changes based on the factors inherent in supply and demand.

According to David Ricardo that rent is the price paid for the use of land and is a free gift of nature with no cost of production. In the essay, On Rent, Marshall further coined and explained the important economic concept of Quasi Rent. This concept is used as the surplus earned by human made factors other than land. Certain human made factors become scarce in the short run and the surpluses earned by using these factors go to constitute Quasi rent.

The great thoughts about the rent by David Ricardo and Alfred Marshall strongly influenced Henry George, one of the greatest American economists, to lay the theoretical foundation for the property tax system that is still influencing American economy today.


Marshall’s reasoning still remains as relevant today as it was then.   This essay is one of the most important ones about the deepest thoughts of rent by Alfred Marshall, one of the greatest thinkers of political economics on the planet.

The essay is already read more than a hundred years and it will still be read for another century due to its truths.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The book has an active table of contents for easy access to each chapter.

Marshall is in the row with the greatest economists Adam Smith, David Ricardo, John Keynes, John Locke, Frederic Bastiat, and John Stuart Mill. He coined the important economic concept of price elasticity of demand to quantify consumer sensitivity to price.

His contributions to the theory of cost, Money, Credit and Commerce have become the foundation for the Austrian schools of thought.

Marshall’s approach to pricing using supply and demand also laid the cornerstone work for future generations of economists in developing models to forecast price changes based on the factors inherent in supply and demand.

According to David Ricardo that rent is the price paid for the use of land and is a free gift of nature with no cost of production. In the essay, On Rent, Marshall further coined and explained the important economic concept of Quasi Rent. This concept is used as the surplus earned by human made factors other than land. Certain human made factors become scarce in the short run and the surpluses earned by using these factors go to constitute Quasi rent.

The great thoughts about the rent by David Ricardo and Alfred Marshall strongly influenced Henry George, one of the greatest American economists, to lay the theoretical foundation for the property tax system that is still influencing American economy today.


Marshall’s reasoning still remains as relevant today as it was then.   This essay is one of the most important ones about the deepest thoughts of rent by Alfred Marshall, one of the greatest thinkers of political economics on the planet.

The essay is already read more than a hundred years and it will still be read for another century due to its truths.

More books from AS Team

Cover of the book On the Origin of Species (Illustrated and Bundled with Charles Darwin Library) by Alfred Marshall
Cover of the book ECONOMIC ASPECT OF LENGTHENING HUMAN LIFE (Illustrated) by Alfred Marshall
Cover of the book The Letters of William James: Volume One (Illustrated) by Alfred Marshall
Cover of the book Economic Harmonies: Full and Fine Text of 1850 Edition (Illustrated and Bundled with the Life of Frederic Bastiat) by Alfred Marshall
Cover of the book Essays on Scientific, Political and Speculative Subjects: Volume One (Illustrated) by Alfred Marshall
Cover of the book The Theory of Business Enterprise (Illustrated and Bundled with The Nature of Capital and Income) by Alfred Marshall
Cover of the book The Reasonableness of Christianity, As Delivered in the Scriptures (Illustrated) by Alfred Marshall
Cover of the book The Currency Juggle (Illustrated) by Alfred Marshall
Cover of the book Paper Currency and Commercial Distress (Illustrated) by Alfred Marshall
Cover of the book Frederic Bastiat on Justice and Fraternity (Illustrated) by Alfred Marshall
Cover of the book The April Theses: The Tasks of the Proletariat in the Present Revolution (Illustrated) by Alfred Marshall
Cover of the book Essays on Scientific, Political and Speculative Subjects: Volume Three (Illustrated) by Alfred Marshall
Cover of the book The Principles of Ethics: Volume Two (Illustrated) by Alfred Marshall
Cover of the book THE MATHEMATICAL PRINCIPLES OF NATURAL PHILOSOPHY (Illustrated and Extended with The Wealth of Nations and On The Origin of Species) by Alfred Marshall
Cover of the book The Economic Consequences of the Peace (Illustrated and Extended with A Revision of the Treaty) by Alfred Marshall
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy