Sorry, some symbols in my Ricardo quotes got corrupted in transmission.  
The quotes should read:

"the wealth of a country may be increased in two ways: it may be 
increased by employing a greater portion of revenue in the maintenance 
of productive labour [i.e., increased savings], -- which will not only 
add to the quantity, but to the value of the mass of commodities; or it 
may be increased, without employing any additional quantity of labour by 
making the same quantity more productive, -- which will add to the 
abundance, but not to the value of commodities."

Ricardo elaborates by noting that, in the first case, the country "would 
become rich by parsimony; by diminishing its expenditure on objects of 
luxury and enjoyment; and employing those _savings_ in reproduction." 
(my emphasis)

James Ahiakpor

-- 
James C.W. Ahiakpor, Ph.D.
Professor
Department of Economics
California State University, East Bay
Hayward, CA 94542

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