"If the quantity of labour realized in commodities,……" — David Ricardo
"If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of that commodity on which it is exercised, as every diminution must lower it."
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David Ricardo
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41 Quotes by David Ricardo
David Ricardo has 41 quotes on this site.
A few more worth reading:
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If then the prosperity of the commercial classes, will most certainly lead to accumulation of capital, and the encouragement of…
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It is here we come to the heart of the matter. The economic principle of comparative advantage', 'a country may,…
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Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.
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By far the greatest part of those goods which are the objects of desire, are procured by labour and they…
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For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever…
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Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of…
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There is no way of keeping profits up but by keeping wages down....
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A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities;…
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After all the fertile land in the immediate neighbourhood of the first settlers were cultivated, if capital and population increased,…
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A rise in wages, from an alteration in the value of money, produces a general effect on price, and for…
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The exchangeable value of all commodities rises as the difficulties of their production increase.
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In the same manner if any nation wasted part of its wealth, or lost part of its trade, it could…
See all 41 quotes by David Ricardo »
More Augment Quotes
This quote is filed under Augment Quotes,
one of 26 quotes in that category. Here are a few more:
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There is no supernatural, there is only nature. Nature alone exists and contains all. All is. There is the part…
— Victor Hugo
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Facts, and facts alone, are the foundation of science... When one devotes oneself to experimental research it is in order…
— Francois Magendie
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Bring war material with you from home, but forage on the enemy... use the conquered foe to augment one's own…
— Sun Tzu
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Third, there is value in any experience that exercises those ethical restraints collectively called 'sportsmanship'. Our tools for the pursuit…
— Aldo Leopold
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If you would make a man happy, study not to augment his goods; but to diminish his wants. One of…
— Unknown Author
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You cannot be buried in obscurity: you are exposed upon a grand theater to the view of the world. If…
— Cyrus the Great
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The Internet of things will augment your brain.
— Eric Schmidt
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The spiritual power in the gospel is denied when we augment or adjusting gospel into no gospel at all. When…
— Matt Chandler
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If we can augment our gift giving by giving more of ourselves to those we love, all the time and…
— Earl Nightingale
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More than anything, rave was an intentionally designed experience. The music, lighting, and ambience were all fine-tuned to elicit and…
— Douglas Rushkoff
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The concept of an independent spiritual realm does not augment, for me, the magic of the mystical dimension, whereas to…
— Ursula Goodenough
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Profits might also increase, because improvements might take place in agriculture, or in the implements of husbandry, which would augment…
— David Ricardo
See all 26 Augment Quotes »