"It is not by the absolute quantity of……" — David Ricardo
"It is not by the absolute quantity of produce obtained by either class, that we can correctly judge of the rate of profit, rent, and wages, but by the quantity of labour required to obtain that produce."
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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…
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More Absolute Quotes
This quote is filed under Absolute Quotes,
one of 1,809 quotes in that category. Here are a few more:
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I love things that age well - things that don't date, that stand the test of time and that become…
— Giorgio Armani
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Power tends to corrupt, and absolute power corrupts absolutely.
— Lord Acton
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A jealous lover of human liberty, deeming it the absolute condition of all that we admire and respect in humanity,…
— Mikhail Bakunin
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But I recognize no infallible authority, even in special questions; consequently, whatever respect I may have for the honesty and…
— Mikhail Bakunin
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Absolute liberty is absence of restraint; responsibility is restraint; therefore, the ideally free individual is responsible to himself.
— Henry Adams
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What may seem depressing or even tragic to one person may seem like an absolute scream to another person, especially…
— Dave Barry
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No sex, age, or condition is above or below the absolute necessity of modesty; but without it one vastly beneath…
— Bruce Barton
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Representation of the world, like the world itself, is the work of men; they describe it from their own point…
— Simone de Beauvoir
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It is old age, rather than death, that is to be contrasted with life. Old age is life's parody, whereas…
— Simone de Beauvoir
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The truth, the absolute truth, is that the chief beauty for the theatre consists in fine bodily proportions.
— Sarah Bernhardt
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The Prime Minister has an absolute genius for putting flamboyant labels on empty luggage.
— Aneurin Bevan
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Once the last trace of emotion has been eradicated, nothing remains of thought but absolute tautology.
— Theodor Adorno
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