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Re: technical question



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"?



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