David Ricardo：On the Principles of Political Economy and Taxation, Excerpt 117

If both the manufacturer and farmer employed ten men, on wages rising from 24_l._ to 25_l._ per annum. per man, the whole sum paid by each would be 250_l._ instead of 240_l._ This is, however, the whole addition that would be paid by the manufacturer to obtain the same quantity of commodities; but the farmer on new land would probably be obliged to employ an additional man, and therefore to pay an additional sum of 25_l._ for wages; and the farmer on the old land would be obliged to pay precisely the same additional sum of 25_l._ for rent; without which additional labour, corn would not have risen. One will therefore have to pay 275_l._ for wages alone, the other, for wages and rent together; each 25_l._ more than the manufacturer: for this latter 25_l._ they are compensated by the addition to the price of raw produce, and therefore their profits still conform to the profits of the manufacturer. As this proposition is important, I will endeavour still further to elucidate it.

Source： https://www.gutenberg.org/ebooks/33310
Locator：Excerpt 117 · Verified：2026-10-19 · Verification：Short excerpt

公版作品；原文逐字取自 Project Gutenberg，仅摘录段落并附全书链接。

This text is in the public domain. The edition and source link are above. Copyright

← Back to the library