Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce… — 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 them. — 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
