Commodity Quote by David Ricardo

The value of any commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to…

— Adam Smith

Everything does not have to be a commodity.

— Rohini Nilekani

A commodity appears at first sight an extremely obvious, trivial thing. But its analysis brings out that it is a very strange thing, abounding…

— Karl Marx

Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the quantity of labour required to obtain them.

— David Ricardo

Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they…

— Murray Rothbard

“When nothing is valued for what it is, everything is destined to be wasted. Once the values of things refer only to their future…

— Wendell Berry

But if inventions have increased man's power over nature very much, then the real value of money is better measured for some purposes in…

— Alfred Marshall

We want what we cant have, commodity makes us want it.

— Macklemore

Economic theory has nothing to say as to what commodity will acquire the status of money. Historically, it happened to be gold. But if…

— Hans-Hermann Hoppe

The illusion that consumption - and its correlative, income - is desirable probably stems from too great preoccupation with what Knight calls "one-use goods,"…

— Kenneth E. Boulding

... if the production of any commodity necessitates the sacrifice of human life, society should do without that commodity, but itcan not do without…

— Emma Goldman

For one cause or another, it has become necessary to impose restrictions upon the use of many commodities, including not a few of the…

— William Lyon Mackenzie King