It is concluded, therefore, that the theory of no rent margin and a series of differential rents created upon true in particular cases, is a partial, not an ultimate. explanation of the phenomenon of lent. It doe n t reach the bottom of the problem. The real In Roll ls  other phony menu of enc,  through the principle of scarcity. The Ricardian Theory ha-, hector, been rejected . It is true even today and not only  The scientific improvements and new elegy under the label of ‘green revolution only put off the process. Further. the theory exerted powerful influence on the contemporary economic and political thought. It highlighted the conflicting interests of the landlords and the rest of society. That is why abolition or socialization of rent was advocated.