The Ricardian rent theory in early American economics . 177; poverty in Eng-land a result of faulty dis-tribution, 171-172; rent, aproduct of fixed capital, 174,defined, 173, views on sum-marized, 175; value not con-ferred by nature, 173-174;wealth defined, 174. Walker, F. A.: differentialprofits, 14; quoted on hisfathers (Amasa) career,168. Ware, N. A.: biographicalsketch, 45. Wayland, Francis: chap, iii;biographical sketch, 60-61;an estimate of his econom- ics, 61; land as capital, 62;limited returns, 66; popula-tion depends on capital, 62;rent, depends on location andfertility, 65, enters i
The Ricardian rent theory in early American economics . 177; poverty in Eng-land a result of faulty dis-tribution, 171-172; rent, aproduct of fixed capital, 174,defined, 173, views on sum-marized, 175; value not con-ferred by nature, 173-174;wealth defined, 174. Walker, F. A.: differentialprofits, 14; quoted on hisfathers (Amasa) career,168. Ware, N. A.: biographicalsketch, 45. Wayland, Francis: chap, iii;biographical sketch, 60-61;an estimate of his econom- ics, 61; land as capital, 62;limited returns, 66; popula-tion depends on capital, 62;rent, depends on location andfertility, 65, enters into price,62, 66; value determined bylabor cost, 62; wage-fund,: defined, 119, as pro-ductive capacity, 36-37, byWalker, A., 174; includesimmaterial products (Bow-en), 148-149; omitted byPerry, 181; Raymonds con-cept of, 24; resume of au-thors, 191. West, Sir Edward: diminish-ing returns, 14; essay on theapplication of capital to land(1815), 14. Wilson, Marcius: land classi-fied as capital, 72-73; dis-ciple of Carey, 142. ^ajfft»^^- ^/r?7^^. ^ .-(^ .ssS^v, ^^-V -V V \^ , 0 • • - %p
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