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The Nature of Rent
by T.R. Malthus
1815
1
An Inquiry into the Nature and Progress of Rent, and the Principles by which
it is regulated. by Rev. T.R. Malthus, Professor of History and Political
Economy In the East India College, Hertfordshire London, Printed for John
Murray, Albemarle Street 1815.
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The following tract contains the substance of some notes on rent, which,
with others on different subjects relating to political economy, I have collected
in the course of my professional duties at the East India College. It has been
my intention, at some time or other, to put them in a form for publication; and
the very near connection of the subject of the present inquiry, with the topics
immediately under discussion, has induced me to hasten its appearance at
the present moment. It is the duty of those who have any means of
contributing to the public stock of knowledge, not only to do so, but to do it at
the time when it is most likely to be useful. If the nature of the disquisition
should appear to the reader hardly to suit the form of a pamphlet, my apology
must be, that it was not originally intended for so ephemeral a shape.
The rent of land is a portion of the national revenue, which has always
been considered as of very high importance.
According to Adam Smith, it is one of the three original sources of wealth,
on which the three great divisions of society are supported.
By the Economists it is so pre-eminently distinguished, that it is
considered as exclusively entitled to the name of riches, and the sole fund
which is capable of supporting the taxes of the state, and on which they
ultimately fall.
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