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David Ricardo Quotes

Under a system of perfectly free commerce, each country naturally devotes its capital and labour to such employments as are most beneficial to each. This pursuit of individual advantage is admirably connected with the universal good of the whole. By stimulating industry, by rewarding ingenuity, and by using most efficaciously the peculiar powers bestowed by nature, it distributes labour most effectively and most economically: while, by increasing the general mass of productions, it diffuses general benefit, and binds together by one common tie of interest and intercourse, the universal society of nations throughout the civilized world.
Source: On the Principles of Political Economy and Taxation (1821) [link] #703

About David Ricardo

(From Wikipedia)
David Ricardo

David Ricardo (18 April 1772 – 11 September 1823) was a British economist and politician of Portuguese Jewish descent. He is recognized as one of the most influential classical economists, alongside figures such as Thomas Malthus, Adam Smith and James Mill.

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