Rack rent ( the sort you pay your landlord) is distinct from (Ricardian) land rents. FTA:"The argument on rents is important because, if correct, it means that

Rack rent ( the sort you pay your landlord) is distinct from (Ricardian) land rents. FTA:"The argument on rents is important because, if correct, it means that there is nothing intrinsic to capitalism that led to this rapid rise in inequality, as for example argued by Thomas Piketty." I find Baker mostly moderate and nicely curmudgeonly.