Exchangeable Value Quotes by David Ricardo

More Quotes by David Ricardo

David Ricardo has 43 quotes on this site. A few more worth reading:

• If then the prosperity of the commercial classes, will most certainly lead to accumulation of capital, and the encouragement of productive industry;…
• It is here we come to the heart of the matter. The economic principle of comparative advantage', 'a country may, in return…
• Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.
• By far the greatest part of those goods which are the objects of desire, are procured by labour and they may be…
• For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.
• Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods.
• There is no way of keeping profits up but by keeping wages down....
• A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in…
• After all the fertile land in the immediate neighbourhood of the first settlers were cultivated, if capital and population increased, more food…
• A rise in wages, from an alteration in the value of money, produces a general effect on price, and for that reason…
• The exchangeable value of all commodities rises as the difficulties of their production increase.
• In the same manner if any nation wasted part of its wealth, or lost part of its trade, it could not retain…

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