A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each…

Quote by David Ricardo

Topics: David Ricardo Quotes

During the period of capital moving from one employment to another, the profits on that...

During the period of capital moving from one employment to another, the profits on that...

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...

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...

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...

In the same manner if any nation wasted part of its wealth, or lost part...

In the same manner if any nation wasted part of its wealth, or lost part...

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...

It is not by the absolute quantity of produce obtained by either class, that we...

It is not by the absolute quantity of produce obtained by either class, that we...

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.

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...

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...

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...

After all the fertile land in the immediate neighbourhood of the first settlers were cultivated,...

After all the fertile land in the immediate neighbourhood of the first settlers were cultivated,...

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...

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...

In stating the principles which regulate exchangeable value and price, we should carefully distinguish between...

In stating the principles which regulate exchangeable value and price, we should carefully distinguish between...

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...

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...

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...

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...

The rise or fall of wages is common to all states of society, whether it...

The rise or fall of wages is common to all states of society, whether it...