22 lines
641 B
Markdown
22 lines
641 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-1-chapter-05 -->
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# Real Value of Corn Rent
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## Definition
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The actual purchasing power of a corn rent in terms of the labour or other commodities it can command, which Smith argues varies less over long periods than the nominal value of money rents.
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## Source Chapter
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Book I, Chapter 5
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## Context
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Smith uses this concept to demonstrate why corn rents preserve their value better than money rents, arguing that corn prices are more stable over long periods than the value of precious metals.
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## Economic Domain
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Distribution
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---
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