Investing · Western classics
David Ricardo:On the Principles of Political Economy and Taxation, Excerpt 279
David Ricardo《On the Principles of Political Economy and Taxation》· On the Principles of Political Economy and Taxation · Investing
On the same principle that a tax on corn would raise the price of corn, a tax on any other commodity would raise the price of that commodity. If the commodity did not rise by a sum equal to the tax, it would not give the same profit to the producer which he had before, and he would remove his capital to some other employment.
Source:
https://www.gutenberg.org/ebooks/33310
Locator:Excerpt 279 · 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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