David Ricardo：On the Principles of Political Economy and Taxation, Excerpt 129

And supposing that the original capital of the farmer was 3000_l._, the profits of his stock being in the first instance 480_l._, would be at the rate of 16 per cent. When his profits fell to 473_l._, they would be at the rate of 15.7 per cent.

Source： https://www.gutenberg.org/ebooks/33310
Locator：Excerpt 129 · Verified：2026-10-19 · Verification：Short excerpt

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