Investing · Western classics
David Ricardo：On the Principles of Political Economy and Taxation, Excerpt 89
David Ricardo《On the Principles of Political Economy and Taxation》· On the Principles of Political Economy and Taxation · Investing
Notwithstanding the tendency of wages to conform to their natural rate, their market rate may, in an improving society, for an indefinite period, be constantly above it; for no sooner may the impulse, which an increased capital gives to a new demand for labour be obeyed, than another increase of capital may produce the same effect; and thus if the increase of capital be gradual and constant, the demand for labour may give a continued stimulus to an increase of people.
Source：
https://www.gutenberg.org/ebooks/33310
Locator：Excerpt 89 · 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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