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OK! It's time for #WealthOfNations Book I, Chapter 11! Which is longer than all of Book II. Are you ready? Are we ready? Can anybody really be ready? #WealthOfTweets #SmithTweets
And it's all about...the rent of land, or the price paid for the use of the land where production takes place. Gripping! It's naturally a monopoly price, says Smith. (I.xi.a.1,5) #WealthOfTweets #SmithTweets
You might think, says Smith, that the rent of land is partly the result of improvements to the land (I.xi.a.2) but you'd be wrong. #WealthOfTweets #SmithTweets
