3 ms·
Smith talks about land specifically. Not sure where you're going here.
by solidsnack9000 8y ago
Smith talks about land specifically. Not sure where you're going here.
- dredmorbius 8y agoConsumer surplus is a modern definition. It follows from Smith, though somewhat indirectly. https://en.wikipedia.org/wiki/Economic_rent https://en.wikipedia.org/wiki/Economic_rent