Talk:Law of Rent

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If this is "among the most important and firmly established principles of economics" then one would hope that the article on it would make some modicum of sense. However, in the definition: "rent of a land site is equal to the economic advantage obtained by using the site in its most productive use, relative to the advantage obtained by using marginal (i.e., the best rent-free) land for the same purpose, given the same inputs of labor and capital." "rent" is defined in terms of "rent free" and is therefore circular. Does this reflect on the foundation of economics as a science? Or can we hope for a better formulation of "the most important and firmly established principles of economics"? Let us, for the moment, say that we strike the parenthetic circularity and just go with some meaning of "marginal" that is reasonable: "Marginal" land is land that can provide subsistence for the laborers working it, but no more. How's that? Is that what is meant by "marginal"? --Jim Bowery 23:27, 30 August 2007 (UTC)

I have an even greater objection to it: If it's really that important a piece of economics, why is the only link to a page about it? —Preceding unsigned comment added by 70.180.156.34 (talk) 04:00, 22 May 2008 (UTC)