There Can Be No Rise In The

The Opinions That The Price Of Commodities Depends Solely On The Proportion Of Supply And Demand, Or Demand To Supply, Has Become Almost An Axiom In Political Economy, And Has Been The Source Of Much Error In That Science.

I Have Already Expressed My Opinion On This Subject In Treating Of Rent, And Have Now Only Further To Add, That Rent Is A Creation Of Value, As I Understand That Word, But Not A Creation Of Wealth.

If Then The Prosperity Of The Commercial Classes, Will Most Certainly Lead To Accumulation Of Capital, And The Encouragement Of Productive Industry; These Can By No Means Be So Surely Obtained As By A Fall In The Price Of Corn.

The Variation In The Value Of Money, However Great, Makes No Difference In The Rate Of Profits.

It Is Here We Come To The Heart Of The Matter. The Economic Principle Of Comparative Advantage', 'a Country May, In Return For Manufactured Commodities, Import Corn Even If It Can Be Grown With Less Labour Than In The Country From Which It Is Imported