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.

Quote by David Ricardo

Topics: David Ricardo Quotes

Gold, on the contrary, though of little use compared with air or water, will exchange...

Gold, on the contrary, though of little use compared with air or water, will exchange...

If we were left to ourselves, unfettered by legislative enactments, we should gradually withdraw our...

If we were left to ourselves, unfettered by legislative enactments, we should gradually withdraw our...

The proportions, too, in which the capital that is to support labour, and the capital...

The proportions, too, in which the capital that is to support labour, and the capital...

If a commodity were in no way useful, - in other words, if it could...

If a commodity were in no way useful, - in other words, if it could...

A rise of wages from this cause will, indeed, be invariably accompanied by a rise...

A rise of wages from this cause will, indeed, be invariably accompanied by a rise...

In comparing therefore the value of the same commodity, at different periods of time, the...

In comparing therefore the value of the same commodity, at different periods of time, the...

The facility of obtaining food is beneficial in two ways to the owners of capital,...

The facility of obtaining food is beneficial in two ways to the owners of capital,...

But a rise in the wages of labour would not equally affect commodities produced with...

But a rise in the wages of labour would not equally affect commodities produced with...

Again two manufacturers may employ the same amount of fixed, and the same amount of...

Again two manufacturers may employ the same amount of fixed, and the same amount of...

Whenever, then, the usual and ordinary rate of the profits of agricultural stock, and all...

Whenever, then, the usual and ordinary rate of the profits of agricultural stock, and all...

If the demand for home commodities should be diminished, because of the fall of rent...

If the demand for home commodities should be diminished, because of the fall of rent...

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

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

Gold and silver are no doubt subject to fluctuations, from the discovery of new and...

Gold and silver are no doubt subject to fluctuations, from the discovery of new and...

As the revenue of the farmer is realized in raw produce, or in the value...

As the revenue of the farmer is realized in raw produce, or in the value...

Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but...

Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but...

If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of...

If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of...

Profits might also increase, because improvements might take place in agriculture, or in the implements...

Profits might also increase, because improvements might take place in agriculture, or in the implements...

There can be no rise in the value of labour without a fall of profits.

There can be no rise in the value of labour without a fall of profits.

By far the greatest part of those goods which are the objects of desire, are...

By far the greatest part of those goods which are the objects of desire, are...

If then the prosperity of the commercial classes, will most certainly lead to accumulation of...

If then the prosperity of the commercial classes, will most certainly lead to accumulation of...