David Ricardo quotes: wise famous quotes, sayings and quotations by David Ricardo

David Ricardo Famous Quotes & Sayings

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There can be no greater error then in supposing that capital is increased by non-consumption.

The price of corn will naturally rise with the difficulty of producing the last portions of it, ...

There is no way of keeping profits up but by keeping wages down ...

The farmer and manufacturer can no more live without profit than the labourer without wages.

Money is neither a material to work upon nor a tool to work with.

If English money was of the same value then as before, Hamburgh money must have risen in value. But where is the proof of this?

If a tax on malt would raise the price of beer, a tax on bread must raise the price of bread.

Labour, like all other things which are purchased and sold ... has its natural and its market price.

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.

There can be no rise in the value of labour without a fall of profits.

Called an inquiry into the laws which determine the division of the produce ...

For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.

Rent is the portion of the earth, which is paid to the landlord for the user of the original and indestructible powers of the soil

Nothing contributes so much to the prosperity and happiness of a country as high profits.

The factors left out of the Ricardian equation are falling wages and idle capacity.

Utility then is not the measure of exchangeable value, although it is absolutely essential to it.

Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods.

Profits are not made by differential cleverness, but by differential stupidity.

Every transaction in commerce is an independent transaction.

The exchangeable value of all commodities, rises as the difficulties of their production increase.

Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.

The wheat bought by a farmer to sow is comparatively a fixed capital to the wheat purchased by a baker to make into loaves.

The demand for money is regulated entirely by its value, and its value by its quantity.

The variation in the value of money, however great, makes no difference in the rate of profits; ...

The rise or fall of wages is common to all states of society, whether it be the stationary, the advancing, or the retrograde state.

Taxation under every form presents but a choice of evils.

The interest of the landlord is always opposed to the interests of every other class in the community.