Investing · Western classics
David Ricardo：On the Principles of Political Economy and Taxation, Excerpt 49
David Ricardo《On the Principles of Political Economy and Taxation》· On the Principles of Political Economy and Taxation · Investing
It appears then that the accumulation of capital, by occasioning different proportions of fixed and circulating capital to be employed in different trades, and by giving different degrees of durability to such fixed capital, introduces a considerable modification to the rule, which is of universal application in the early states of society.
Source：
https://www.gutenberg.org/ebooks/33310
Locator：Excerpt 49 · 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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