In stating the principles which regulate exchangeable value and price, we should carefully distinguish between those variations which belong to the commodity itself, and those which are occasioned by a variation in the medium in which value is estimated, or…

Quote by David Ricardo

Topics: David Ricardo Quotes

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...

A rise in wages, from an alteration in the value of money, produces a general...

A rise in wages, from an alteration in the value of money, produces a general...

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.

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...

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...

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...

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...

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...

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...

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 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...

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,...

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...

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 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...

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...

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...

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...

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...