On The Principles of Political Economy, and TaxationRicardo, David
General
On The Principles of Political Economy, and Taxation
Ricardo, David
Economics
_Net Revenue_, advantages of, unduly estimated by Adam Smith, 491,
and by M. Say, 492, _note_.
Examination of their doctrines, 492-498.
Is not diminished by a proportionate diminution of gross revenue,
579-583.
P.
_Paper Currency_, circulation of, explained, 501.
Paper-money not necessarily payable in specie, to secure its value,
502.
But the quantity issued must be regulated according to the value
of the standard metal, _ibid._ 503.
The Bank of England, why liable to be drained of specie for its
paper currency, 504-506.
Compelling the issuers of paper money to pay their notes either
in gold coin or bullion, is the only control upon their abusing
their power of issuing such money, 507.
Provided there were perfect security against such abuse, it is
immaterial by whom paper money is issued, 509.
Illustration of this point, 510-516.
_Poor-Laws_, pernicious tendency of, as they now exist, 111, 112, 115.
Remedies for, 113, 114.
_Poor-Rates_, nature of, 355.
How levied, 356-358.
More falls on the farmer than on the manufacturer, in proportion
to their respective profits, 359-362.
_Population_, increase of, no cause of the rise of rent, 569.
_Price_ (real), of things, distinguished, 4.
Natural and market prices distinguished, and how governed, 82-89.
The prices of commodities not necessarily raised by a rise in the
price of labour, 109, 110.
Rise of price on raw produce, the only means by which the cultivator
can pay the tax imposed thereon, 195.
The market, but not the natural price of manufactures, raised by
bounties on their exportation, 436-438.
The influence of demand and supply on prices, considered, 542-548,
567, 568, 572, 573.
Alteration in the market price of corn encourages its production,
574, 575.
_Produce_ of land, and labour of the country, must be divided between
capitalists, landlords, and labourers, to afford a criterion of
rent, profits, and wages, 44-48.
Effect of taxes on raw produce, 194.
Tax on raw produce raises the price of wages, 199.
Objections against taxing the produce of land, considered, 201-224.
Remarks on the inconveniences supposed to result from the payment
of taxes by the producer, 538-541.
_Production_, difficulty of, benefits the landlord, 76.
The cost of production, the regulator of the price of commodities,
542, 567, 568, 572, 573.
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