“Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.Quote by David RicardoTopics: Quotes about David RicardoShare on:FacebookPinterestWhatsApp
Whenever, then, the usual and ordinary rate of the profits of agricultural stock, and all...#David Ricardo
Gold, on the contrary, though of little use compared with air or water, will exchange...#David Ricardo
In comparing therefore the value of the same commodity, at different periods of time, the...#David Ricardo