The Isolated State in Relation to Agriculture and Political Economy : Principles for the Determination of Rent, the Most Advantageous Rotation Period

This volume is the first ever English translation of Part III of von Thünen`s famous 'Isolated State'. It deals with the optimum rotation period of woods - a central problem of capital theory which has been studied by many famous economists. Thünen's early approach to the problem compares very well with most of the later attempts.