of the greatest fallacies of the Ricardian theory of rent is that it
ignores the fact that landlords do perform a vital economic function:
they allocate land to its best and most productive use. Land does not
allocate itself; it must be allocated, and only those who earn a return
from such service have the incentive, or the ability, to allocate
various parcels of land to their most profitable, and hence most
productive and economic uses."