Every exchange which takes place in a country, effects a distribution of its produce better adapted to the wants of society....
If two districts, one of which possessed a rich copper mine, and the other a rich tin mine, had always been separated by an impassable river or mountain, there can be no doubt that an opening of a communication, a greater demand would take place, and a greater price be given for both the tin and the copper;and this greater price of both metals, though it might be only temporary, would alone go a great way towards furnishing the additional capital wanted to supply the additional demand; and the capitals of both districts, and the products of both mines, would be increased both in quantity and value to a degree which could not have taken place without the this new distribution of the produce, or some equivalent to it. (Thomas Malthus)

Every exchange which takes place in a country, effects a distribution of its produce better adapted to the wants of society.... If two districts, one of which possessed a rich copper mine, and the other a rich tin mine, had always been separated by an impassable river or mountain, there can be no doubt that an opening of a communication, a greater demand would take place, and a greater price be given for both the tin and the copper;and this greater price of both metals, though it might be only temporary, would alone go a great way towards furnishing the additional capital wanted to supply the additional demand; and the capitals of both districts, and the products of both mines, would be increased both in quantity and value to a degree which could not have taken place without the this new distribution of the produce, or some equivalent to it.

Thomas Malthus

Related topics

additional capital communication copper country degree demand distribution doubt equivalent exchange furnishing given great might mine mountain opening place price produce quantity rich river society supply take temporary tin value way metals mines effects

Related quotes