Book · An Inquiry into the Wealth of Nations
Page 390 of 2651
Author: Adam Smith
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Sometimes, indeed, the liberality, more frequently the ignorance,
of the landlord, makes him accept of somewhat less than this
portion; and sometimes, too, though more rarely, the ignorance of
the tenant makes him undertake to pay somewhat more, or to
content himself with somewhat less, than the ordinary profits of
farming stock in the neighbourhood. This portion, however, may
still be considered as the natural rent of land, or the rent at
which it is naturally meant that land should, for the most part,
be let.
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