“Is it important that the rent of land be retained as a source of government revenue. Some persons who could make excellent use of land would be unable to raise money for the purchase price. Collecting rent annually provides access to land for persons with limited access to credit.”
Quote by Franco Modigliani
Author
Franco Modigliani
Franco Modigliani was a renowned economist, born on June 10, 1918, and passed away on September 25, 2003. He made significant contributions to the fields of macroeconomics, economic growth, and financial markets. more
You May Also Like
“Maybe the bike is more dangerous, but the passion for the car for me is second to the bike.”
“To be a great motorbike racer, the most important thing is passion for the bike.”
“Do one thing at a time and do that one thing as if your life depended upon it.”
Source: Maxims of Life and Business
“I always thought I was going to be a dancer and then fashion kind of took over.”