Overview: The `law of diminishing returns' plays so large
a part both in the theory of rent and the theory of population as
they are now taught, that we should naturally expect to find it
promulgated both by James Anderson, the reputed anticipator of Ricardo,
and by Malthus in his Essay on the Principle of Population. In this
expectation, however, we should be disappointed.
Tags: Law of Diminishing Returns, Origin
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Source: Edwin Cannan
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