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Luxuries Quotes by David Ricardo

1 Luxuries quote by David Ricardo

But a tax on luxuries would no other effect than to raise their price. It would fall wholly on the consumer, and could neither increase…

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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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Popular Luxuries quotes from across the collection:

Our generation in the west was lucky: we had readymade gateways. We had books, paper, teachers, schools and libraries. But many in… — Margaret Atwood
Ah, how many luxuries has the good God prepared for his Jewish children. — Sholom Aleichem
I grew up with the sea, and poverty for me was sumptuous; then I lost the sea and found all luxuries gray… — Albert Camus
Men aren't necessities. They're luxuries. — Cher
If we want to give poor people soap we must set out deliberately to give them luxuries. If we will not make… — Gilbert K. Chesterton
I make a distinction between Buddhism with a Capital 'B' and buddhism with a small 'b'. Sri Lanka has the former, in… — Sulak Sivaraksa
Among the numerous luxuries of the table...coffee may be considered as one of the most valuable. It excites cheerfulness without intoxication; and… — Benjamin Franklin
Our American values are not luxuries but necessities, not the salt in our bread, but the bread itself. Our common vision of… — Jimmy Carter
We live in a time of transition, an uneasy era which is likely to endure for the rest of this century. During… — Jimmy Carter
among the values of classical learning I estimate the Luxury of reading the Greek & Roman authors in all the beauties of… — Thomas Jefferson
It has been well said that tea is suggestive of a thousand wants, from which spring the decencies and luxuries of civilization. — Agnes Repplier
The things that are essential are acquired with little bother; it is the luxuries that call for toil and effort. — Seneca the Younger

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