Related quotes

• The rise or fall of wages is common to all states of society, whether it be the stationary, the advancing, or the retrograde state. — David Ricardo
• The exchangeable value of all commodities, rises as the difficulties of their production increase. — David Ricardo
• Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods. — David Ricardo
• The facility of obtaining food is beneficial in two ways to the owners of capital, it at the same time raises profits and increases the amount of consumable commodities. — David Ricardo
• In the same manner if any nation wasted part of its wealth, or lost part of its trade, it could not retain the same quantity of circulating medium which it before possessed. — David Ricardo
• A rise in wages, from an alteration in the value of money, produces a general effect on price, and for that reason it produces no real effect whatever on profits. — David Ricardo