Publication: Journal of Economic Education
Volume: Volume 21, No. 1
Issue: Winter 1990
Pages: pp. 23-27
Author(s): Robert Piron
Address (Principal Author):
Title: On Mishan's Rent Dichotomy
Abstract: In the manner of Mishan, many textbooks define rent in two ways. This article argues that the two are reconcilable conceptually and therefore pedagogically.