If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of that commodity on which it is exercised, as every diminution must lower it.

Quote by David Ricardo

Topics: David Ricardo Quotes

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...

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...

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...

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...

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...

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.

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,...

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...

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...

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 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...

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.

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...

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...

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...

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 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...

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 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...

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...