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From Quotes by David Ricardo
- It is here we come to the heart of the matter. The economic principle of comparative advantage', 'a country may, in return for manufactured commodities,…
- A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it…
- After all the fertile land in the immediate neighbourhood of the first settlers were cultivated, if capital and population increased, more food would be required,…
- A rise in wages, from an alteration in the value of money, produces a general effect on price, and for that reason it produces no…
- During the period of capital moving from one employment to another, the profits on that to which capital is flowing will be relatively high, but…
- If I discover a manure which will enable me to make a piece of land produce 20 per cent more corn, I may withdraw at…
- Gold and silver are no doubt subject to fluctuations, from the discovery of new and more abundant mines; but such discoveries are rare, and their…
- If we were left to ourselves, unfettered by legislative enactments, we should gradually withdraw our capital from the cultivation of such lands, and import the…
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