Land rent works because it is the only economic theory that can be derived from pure logic, starting with absolutely no assumptions.
In contrast, all conventional economic theories are based on "facts" (read anyeconomic textbook for examples), and facts are open to conflicting interpretations, so are little better than opinions. In other words, they are built on a foundation of sand, whereas land rent is built on solid bedrock
In contrast, all conventional economic theories are based on "facts" (read anyeconomic textbook for examples), and facts are open to conflicting interpretations, so are little better than opinions. In other words, they are built on a foundation of sand, whereas land rent is built on solid bedrock
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