An idea from Principles of Political Economy

The worst land still worth farming pays no rent at all. Every better field pays its owner exactly the extra it grows over that worst field. So rent comes from the difference between fields, not from anything the landowner does.

From Principles of Political Economy by John Stuart Mill

Enjoy The Road is a library of ideas from books that lasted, in plain words. A new one every day, free to read.


The Sunday email

One email each Sunday morning: the week’s seven ideas, a question to think about, and a link to a story to read to a child.

Get the Sunday email