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Nothing Contributes So Much To The Prosperity And Happiness Of A Country As High Profits.
-David Ricardo
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Nothing Contributes So Much To
David Ricardo
Nothing Contributes So Much To The Prosperity And Happiness Of A Country As High Profits.
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During The Period Of Capital Moving From One Employment To Another, The Profits On That To Which Capital Is Flowing Will Be Relatively High, But Will Continue So No Longer Than Till The Requisite Capital Is Obtained.
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Whenever The Current Of Money Is Forcibly Stopped, And When Money Is Prevented From Settling At Its Just Level, There Are No Limits To The Possible Variations Of The Exchange.
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In The Same Manner If Any Nation Wasted Part Of Its Wealth, Or Lost Part Of Its Trade, It Could Not Retain The Same Quantity Of Circulating Medium Which It Before Possessed.
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A Bounty On The Exportation Of Corn Tends To Lower Its Price To The Foreign Consumer, But It Has No Permanent Effect On Its Price In The Home Market.
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The Last Point For Consideration Is The Supposed Disposition Of The People To Interfere With The Rights Of Property. So Essential Does It Appear To Me, To The Cause Of Good Government, That The Rights Of Property Should Be Held Sacred, That I Would Agree To Deprive Those Of The Elective Franchise Against Whom It Could Justly Be Alleged That They Considered It Their Interest To Invade Them.
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