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The rise or fall of wages is ...

The rise or fall of wages is common to all states of society, whether it be the stationary, the advancing, or the retrograde state.

David Ricardo 71 quotes

In comparing therefore the va...

In comparing therefore the value of the same commodity, at different periods of time, the consideration of the comparative skill and intensity of labour, required for that particular commodity, needs scarcely to be attended to, as it operates equally at both periods.

David Ricardo 71 quotes

Whenever, then, the usual and...

Whenever, then, the usual and ordinary rate of the profits of agricultural stock, and all the outgoings belonging to the cultivation of land, are together equal to the value of the whole produce, there can be no rent.

David Ricardo 71 quotes

Gold and silver, like other c...

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.

David Ricardo 71 quotes

A BOUNTY on the exportation o...

A BOUNTY on the exportation of corn tends to lower its price to the foreign consumer, but it has no permanent effect on its price in the home market.

David Ricardo 71 quotes

But it is clear that the pric...

But it is clear that the price of labour has no necessary connection with the price of food, since it depends entirely on the supply of labourers compared with the demand.

David Ricardo 71 quotes

To alter the money value of c...

To alter the money value of commodities, by altering the value of money, and yet to raise the same money amount by taxes, is then undoubtedly to increase the burthens of society.

David Ricardo 71 quotes

I have already expressed my o...

I have already expressed my opinion on this subject in treating of rent, and have now only further to add, that rent is a creation of value, as I understand that word, but not a creation of wealth.

David Ricardo 71 quotes

I have endeavoured to show th...

I have endeavoured to show that the ability to pay taxes depends, not on the gross money value of the mass of commodities, nor on the net money value of the revenue of capitalists and landlords, but on the money value of each man's revenue compared to the money value of the commodities which he usually consumes.

David Ricardo 71 quotes

Whether a bank lent one milli...

Whether a bank lent one million, ten million, or a hundred millions, they would not permanently alter the market rate of interest; they would alter only the value of the money they issued.

David Ricardo 71 quotes

No extension of foreign trade...

No extension of foreign trade will immediately increase the amount of value in a country, although it will very powerfully contribute to increase the mass of commodities and therefore the sum of enjoyments.

David Ricardo 71 quotes

It appears to me that one gre...

It appears to me that one great cause of our difference in opinion on subjects which we often discuss is that you have always in mind the immediate and temporary effects of particular changes, whereas I put these effects quite aside, and fix my whole attention on the long-term effects that will result from them.

David Ricardo 71 quotes

The price of corn will natura...

The price of corn will naturally rise with the difficulty of producing the last portions of it.

David Ricardo 71 quotes

The factors left out of the R...

The factors left out of the Ricardian equation are falling wages and idle capacity.

David Ricardo 71 quotes

If a tax on malt would raise ...

If a tax on malt would raise the price of beer, a tax on bread must raise the price of bread.

David Ricardo 71 quotes

Experience, however, shows th...

Experience, however, shows that neither a state nor a bank ever have [sic] had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers of paper money to the obligation of paying their notes either in gold coin or bullion.

David Ricardo 71 quotes

For price is everywhere regul...

For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.

David Ricardo 71 quotes

Possessing utility, commoditi...

Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the quantity of labour required to obtain them.

David Ricardo 71 quotes

Labour, like all other things...

Labour, like all other things which are purchased and sold... has its natural and its market price.

David Ricardo 71 quotes

Every transaction in commerce...

Every transaction in commerce is an independent transaction.

David Ricardo 71 quotes

Добрые, щедрые, великодушные: 6 советских актеров, которые были всеобщими любимчиками

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Советских актёров часто ставят в пример как образец духовной силы, национальной гордости и внутренней красоты. Они стали символами эпохи, носителями культуры и нравственности. Но, как известно, за кул...

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