2 ms·
> This is a very reductionist look at rents. The fact that there is a belief "the invisible hand" will lower it back down, is separate from the increase due to
by Supermancho 5y ago
> This is a very reductionist look at rents.
The fact that there is a belief "the invisible hand" will lower it back down, is separate from the increase due to the general welfare (stimulus). Availability/a market supply increase, is another factor for pricing, not part of the same change. Less so, since it simultaneously exists only in the mythical future.
> All goes back to the land, and the land owner is able to absorb to himself a share of almost every public and every private benefit
Seems like an accurate look to me.