For price is everywhere regulated by the return obtained…
“For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Capital's value is determined by its marginal productivity, not by any rent paid on it.
In simple terms: Value comes from productivity.
Key Takeaway
Focus on productivity over rent.
Themes
economics
capital
value
Mood
analytical
neutral
Type
economic
academic
When to use this quote
- investment decisions
- business strategy
- policy analysis
Key Concepts
marginalism
labor theory of value
Questions to Reflect On
- How does marginal productivity affect wages?
- Can rent ever reflect true value?
A Different Perspective
Ignores non-monetary value factors.