Archive for April 27th, 2012

A History Lesson on the Development of Cash Rents (2012-4-27)

In early English society, rent was paid by way of labor or other services.  Only gradually did rent became an item paid in money.  Consider this analysis by Oxford Prof. A. W. B. Simpson. “At the time of the Conquest [in 1066] large parts of the country were not cultivated, and those that were, were […]