Profits Are Not Made By Differential Cleverness,

The Produce Of The Earth - All That Is Derived From Its Surface By The United Application Of Labour, Machinery, And Capital, Is Divided Among Three Classes Of The Community, Namely, The Proprietor Of The Land, The Owner Of The Stock Or Capital Necessary For Its Cultivation, And The Labourers By Whose Industry It Is Cultivated.

The Factors Left Out Of The Ricardian Equation Are Falling Wages And Idle Capacity.

The Demand For Money Is Regulated Entirely By Its Value, And Its Value By Its Quantity.

It Has Therefore Been Justly Observed That However Honestly The Coin Of A Country May Conform To Its Standard, Money Made Of Gold And Silver Is Still Liable To Fluctuations In Value, Not Only To Accidental, And Temporary, But To Permanent And Natural Variations, In The Same Manner As Other Commodities.

If A Tax On Malt Would Raise The Price Of Beer, A Tax On Bread Must Raise The Price Of Bread.