Gold Quote by Adam Smith

Labor was the first price, the original purchase - money that was paid for all things.

— Adam Smith

“The riches of a country are to be valued by the quantity of labor its inhabitants are able to purchase, and not by the…

— Walter Isaacson

Labour is priceless, not gold.

— Mahatma Gandhi

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

— David Ricardo

Gold is now money with reference to all other commodities only because it was previously, with reference to them, a simple commodity.

— Karl Marx

The riches of a country are to be valued by the quantity of labor its inhabitants are able to purchase, and not by the…

— Benjamin Franklin

Gold and silver are but merchandise, as well as cloth or linen; and that nation that buys the least, and sells the most, must…

— Lord Chesterfield

Gold was not selected arbitrarily by governments to be the monetary standard. Gold had developed for many centuries on the free market as the…

— Murray Rothbard

Everything in the world is purchased by labor.

— David Hume

Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour…

— David Ricardo

Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to…

— John Buchanan Robinson

The spectacle of a great, solvent government paying a fictitious price for gold it did not want and did not need and doing it…

— Garet Garrett