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If A Tax On Malt Would Raise The Price Of Beer, A Tax On Bread Must Raise The Price Of Bread.
-David Ricardo
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If A Tax On Malt Would Raise
David Ricardo
If A Tax On Malt Would Raise The Price Of Beer, A Tax On Bread Must Raise The Price Of Bread.
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Beer
Bread
Malt
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It Appears To Me That One Great Cause Of Our Difference In Opinion On Subjects Which We Often Discuss Is That You Have Always In Mind The Immediate And Temporary Effects Of Particular Changes, Whereas I Put These Effects Quite Aside, And Fix My Whole Attention On The Long-term Effects That Will Result From Them.
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No Extension Of Foreign Trade Will Immediately Increase The Amount Of Value In A Country, Although It Will Very Powerfully Contribute To Increase The Mass Of Commodities And Therefore The Sum Of Enjoyments.
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