A Closer Look at the Law of Rent


Now let's see what happens
when we eliminate land speculation!

5 units per worker/day;
50 workers
per plot

4 units per worker/day;
40 workers
per plot

3 units per worker/day;
30 workers
per plot

2 units per worker/day;
20 workers
per plot

1 unit per worker/day;
10 workers
per plot

1.

50 x 5

40 x 4

30 x 3

20 x 2

free

2.

50 x 5

40 x 4

30 x 3

free

free

3.

50 x 5

40 x 4

30 x 3

free

free

4.

50 x 5

40 x 4

30 x 3

free

free

Totals

Change

workers
employed

200

160

120

20

-

500

+ 50

wealth
output

1000

640

360

40

-

2040

+ 390

infrastructure
cost

200

160

120

80

-

560

- 90

Totals: Workers employed: 500 (+50) | Wealth Output: 2040 (+390) |
| Infrastructure cost: 560 (-90) |