infospace: remove example output — will replay chapter by chapter

This commit clears the tangled example output so each chapter
can be re-committed cleanly via S3.2.
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2026-02-19 09:22:55 +01:00
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# rent of land
**Definition**
Rent of land is the portion of a commoditys price that compensates the landowner for the use of the lands natural produce. It represents a payment for the exclusive right to exploit the lands resources, such as timber, grass, or other natural fruits, which would otherwise be freely gathered.
**Source Chapter**
*The Wealth of Nations*, Book1, Chapter6.
**Context**
Smith introduces rent of land after describing the transition to private property, noting that landlords “demand a rent even for its natural produce.” He explains that this rent becomes a component of the price of commodities like corn.
**Economic Domain**
Distribution
**Smiths Original Wording**
> “When the land of any country has all become private property, the landlords… demand a rent even for its natural produce.”
**Modern Interpretation**
Rent of land corresponds to economic rent in contemporary theory—the surplus payment to a factor of production (land) that exceeds its opportunity cost. It is a key element in the factorincome distribution of national accounts.