Investing · Western classics
David Ricardo:On the Principles of Political Economy and Taxation, Excerpt 318
David Ricardo《On the Principles of Political Economy and Taxation》· On the Principles of Political Economy and Taxation · Investing
Suppose that to afford the usual and general profits of stock, the price of corn should in England be 4_l._ per quarter; it could not then be exported to foreign countries where it sold for 3_l._ 15_s._ per quarter. But if a bounty of 10_s._ per quarter were given on exportation, it could be sold in the foreign market at 3_l._ 10_s._, and consequently the same profit would be afforded to the corn grower, whether he sold it at 3_l._ 10_s._ in the foreign, or at 4_l._ in the home market.
Source:
https://www.gutenberg.org/ebooks/33310
Locator:Excerpt 318 · Verified:2026-10-19 · Verification:Short excerpt
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Does this passage change one judgment about money or risk today?
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