On Nov 3, 2006, at 8:56 AM, Jim Devine wrote:
what are the main types of "rent" in economics? (I'm not talking about
a user fee, as paid to rent an apartment.)
there's a natural-scarcity rent (Ricardo), technical rent (superior
technology), what's now called monopoly rent (monopoly profits), and
politically-granted rent (super-profits due to tariff protection and
the like). Any others?
--
Jim Devine / "Mathematicians are like Frenchmen: whatever you say to
them, they translate it into their own language, and forthwith it
means something entirely different." -- Johann Wolfgang von Goethe
Is a surplus of ire "rent and rave"?
