Consumers 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 wages nor lower profits.” quote by David Ricardo — Download Open image

“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 wages nor lower profits.”

David Ricardo

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Consumers Effects Fall Increase Luxury Profit Raises Taxes Wages

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It appears to me that one great cause of our difference in opinion on subjects which we often discuss is that you have always…

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To alter the money value of commodities, by altering the value of money, and yet to raise the same money amount by taxes, is…

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Like all other contracts, wages should be left to the fair and free competition of themarket, and should never be controlled by the interference…

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During the period of capital moving from one employment to another, the profits on that to which capital is flowing will be relatively high,…

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There is no way of keeping profits up but by keeping wages down…

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If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of…

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Whenever the current of money is forcibly stopped, and when money is prevented from settling at its just level, there are no limits to…

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The exchangeable value of all commodities rises as the difficulties of their production increase.

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Whether a bank lent one million, ten million, or a hundred millions, they would not permanently alter the market rate of interest; they would…

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If then the prosperity of the commercial classes, will most certainly lead to accumulation of capital, and the encouragement of productive industry; these can…

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I have already expressed my opinion on this subject in treating of rent, and have now only further to add, that rent is a…

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A BOUNTY on the exportation of corn tends to lower its price to the foreign consumer, but it has no permanent effect on its…

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Now that I'm more middle class, I have access to consumer goods. I do enjoy feminine frippery, feminine doo-da, stuff like that.

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Why is Caterpillar bad if we create a new job in India or China to receive U.S. exports? It makes no sense to me.…

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America always put forth this phony melting pot theory, but it's a reality now. They couldn't accomplish the melting pot economically; they couldn't accomplish…

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