Investing · Western classics
David Ricardo：On the Principles of Political Economy and Taxation, Excerpt 267
David Ricardo《On the Principles of Political Economy and Taxation》· On the Principles of Political Economy and Taxation · Investing
By not allowing a free trade in the precious metals when the prices of commodities are raised, either by taxation, or by the influx of the precious metals, you prevent a part of the dead stock of the society from being turned into active stock--you prevent a greater quantity of industry from being employed. But this is the whole amount of the evil; an evil never felt by those countries where the exportation of silver is either allowed or connived at.
Source：
https://www.gutenberg.org/ebooks/33310
Locator：Excerpt 267 · Verified：2026-10-19 · Verification：Short excerpt
Today's question
Does this passage change one judgment about money or risk today?
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