David Ricardo：On the Principles of Political Economy and Taxation, Excerpt 188

Notwithstanding the immense expenditure of the English government during the last twenty years, there can be little doubt but that the increased production on the part of the people has more than compensated for it. The national capital has not merely been unimpaired, it has been greatly increased, and the annual revenue of the people, even after the payment of their taxes, is probably greater at the present time than at any former period of our history.

Source： https://www.gutenberg.org/ebooks/33310
Locator：Excerpt 188 · Verified：2026-10-19 · Verification：Short excerpt

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