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

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 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...

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...

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,...

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 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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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.

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...