The price of corn will naturally rise with the difficulty of producing the last portions of it.
David RicardoIf the demand for home commodities should be diminished, because of the fall of rent on the part of the landlords, it will be increased in a far greater degree by the increased opulence of the commercial classes.
David RicardoUtility then is not the measure of exchangeable value, although it is absolutely essential to it.
David RicardoIt 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
David Ricardo