The concept of economic rent is associated with the economist

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The concept of economic rent is associated with David Ricardo. Ricardo introduced economic rent as a surplus earned by owners of land and other natural resources, beyond what would be required to bring that resource into production. The concept remains relevant in modern economics and is often used when analyzing the effects of rent-seeking behavior, such as lobbying for government subsidies or protectionist measures.

The Concept of Economic Rent Is Associated with the Economist