Chapter XXII, Bounties and Prohibitions, p. 201
“
A BOUNTY on the exportation of corn tends to lower its price to the foreign consumer, but it has no permanent effect on its price in the home market.
— David Ricardo
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "A BOUNTY on the exportation of corn tends to lower its price to the foreign consumer, but it has no permanent effect on its price in the home market." in the context of "Chapter XXII, Bounties and Prohibitions, p. 201" to mean that wisdom is timeless.
Source: Wikiquote: "David Ricardo" (Quotes, The Principles of Political Economy and Taxation (1821) (Third Edition))
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
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About David Ricardo
David Ricardo (19 April 1772 – 11 September 1823) was an English political economist, often credited with systematizing economics, and was one of the most influential of the classical economists. He was also a member of Parliament, businessman, financier and speculator.
About David Ricardo
David Ricardo (19 April 1772 – 11 September 1823) was an English political economist, often credited with systematizing economics, and was one of the most influential of the classical economists. He was also a member of Parliament, businessman, financier and speculator.
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