In the same manner if any nation wasted part of its wealth, or lost part of its trade, it could not retain the same quantity of circulating medium which it before possessed.

Quote by David Ricardo

Topics: David Ricardo Quotes

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...

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,...

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...

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 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 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...

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...

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...

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...

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...

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 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...

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 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...

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, 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...

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...

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 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.