 | England - 1842 - 840 pages
...respect to the other mysterious sentence, it is the very first in the chapter. These are trte words — " No extension of foreign trade will immediately increase...value in a country, although it will very powerfully contrihute to increase the muss of commodities, and therefore tlio sum of enjoyments." We have known... | |
 | David Ricardo - Economics - 1821 - 566 pages
...medium only in which prices and profits are estimated would be lowered. CHAPTER VI F. ON FOREIGN TRADE. No extension of foreign trade will immediately increase...the mass of commodities, and therefore the sum of enjoyments. As the value of all foreign goods is measured by the quantity of the produce of our land... | |
 | Thomas Robert Malthus - Economics - 1821 - 482 pages
...further progress of wealth had ceased. Mr. Ricardo begins his Chapter on Foreign Trade by stating that " No extension of foreign trade will immediately increase...increase the mass of commodities and therefore the sum of enjoyments." This statement is quite consistent with his peculiar view of value, as. depending solely... | |
 | Thomas Robert Malthus - Classical school of economics - 1827 - 322 pages
...manner, Mr. Ricardo's very startling proposition respecting the effects of foreign trade, namely, that " no extension of foreign trade will immediately increase the amount of value in a country," arises entirely from his using the term value in a different sense from that in which it had been used... | |
 | George Robert Gleig - India - 1830 - 472 pages
...commodities must be raised again to 2 APPENDIX answer this new rise, which is absurd. FOREIGN TRADE. P. 135. "No extension of foreign trade will immediately increase...the amount of value in a country, although it will tend very powerfully to increase the mass of commodities." " As the value of all foreign goods is measured... | |
 | Thomas Robert Malthus - Economics - 1836 - 520 pages
...the value of the national produce. Mr. Ricardo begins his Chapter on Foreign Trade by stating that " No extension of foreign trade will immediately increase...the mass of commodities, and therefore the sum of enjoyments." This statement is quite consistent with his peculiar view of value, as depending solely... | |
 | Scotland - 1842 - 916 pages
...respect to the other mysterious sentence, it is the very first in the chapter. These are the words — " No extension of foreign trade will immediately increase...the mass of commodities, and therefore the sum of enjoyments." We have known a man become all but comato^e on this passage; apoplexy was looked for.... | |
 | Samuel Newington - 1858 - 144 pages
...that is, money will be dear, and everything else will be cheap." — Wayland, p. 200. Foreign Trade. " No extension of foreign trade will immediately increase...the mass of commodities, and therefore the sum of enjoyments." — Ricardo, p. 72. " We manufacture commodities, and with them buy goods abroad, because... | |
 | David Ricardo, John Ramsay McCulloch - Economics - 1886 - 688 pages
...medium only in which prices and profits are estimated would be lowered. CHAPTER VIL ON FOREIGN TRADE. No extension of foreign trade will immediately increase...the mass of commodities, and therefore the sum of enjoyments. As the value of all foreign goods is measured by the quantity of the produce of our land... | |
 | David Ricardo - Economics - 1903 - 946 pages
...labour to capital will be different in different employments.] CHAPTER VII.— ON FOHEIGN TRADE. §46. O extension of foreign trade will immediately increase...the mass of commodities, and therefore the sum of enjoyments.1 As the value of all foreign goods is measured by the quantity of the produce of our land... | |
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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. 
