Labour, like all other things which are purchased and sold... has its natural and its market price. — David Ricardo Copy Share Image
If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification,… — David Ricardo Copy Share Image
There can be no rise in the value of labour without a fall of profits. — David Ricardo Copy Share Image
A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in… — David Ricardo Copy Share Image
By far the greatest part of those goods which are the objects of desire, are procured by labour and they may be… — David Ricardo Copy Share Image
But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with… — David Ricardo Copy Share Image
Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity… — David Ricardo Copy Share Image
The produce of the earth - all that is derived from its surface by the united application of labour, machinery, and capital,… — David Ricardo Copy Share Image
Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the quantity of labour required to obtain… — David Ricardo Copy Share Image
It is not by the absolute quantity of produce obtained by either class, that we can correctly judge of the rate of… — David Ricardo Copy Share Image
But it is clear that the price of labour has no necessary connection with the price of food, since it depends entirely… — David Ricardo Copy Share Image
LABOUR, like all other things which are purchased and sold, and which may be increased or diminished in quantity, has its natural… — David Ricardo Copy Share Image
It is here we come to the heart of the matter. The economic principle of comparative advantage', 'a country may, in return… — David Ricardo Copy Share Image
It appears to me that one great cause of our difference in opinion on subjects which we often discuss is that you have always… — David Ricardo Copy Share Image
To alter the money value of commodities, by altering the value of money, and yet to raise the same money amount by taxes, is… — David Ricardo Copy Share Image
Like all other contracts, wages should be left to the fair and free competition of themarket, and should never be controlled by the interference… — David Ricardo Copy Share Image
During the period of capital moving from one employment to another, the profits on that to which capital is flowing will be relatively high,… — David Ricardo Copy Share Image
If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of… — David Ricardo Copy Share Image
Whenever the current of money is forcibly stopped, and when money is prevented from settling at its just level, there are no limits to… — David Ricardo Copy Share Image
The exchangeable value of all commodities rises as the difficulties of their production increase. — David Ricardo Copy Share Image
Whether a bank lent one million, ten million, or a hundred millions, they would not permanently alter the market rate of interest; they would… — David Ricardo Copy Share Image
If then the prosperity of the commercial classes, will most certainly lead to accumulation of capital, and the encouragement of productive industry; these can… — David Ricardo Copy Share Image
I have already expressed my opinion on this subject in treating of rent, and have now only further to add, that rent is a… — David Ricardo Copy Share Image
A BOUNTY on the exportation of corn tends to lower its price to the foreign consumer, but it has no permanent effect on its… — David Ricardo Copy Share Image