David Ricardo quotes - page 3

It has been my endeavour to show in this work that a fall of wages would have no other effect than to raise profits. (David Ricardo)

Population regulates itself by the funds which are to employ it, and therefore always increases or diminishes with the increase or the diminution of capital. Every reduction of capital is therefore necessarily followed by a less effective demand for corn, by a fall in price, and by diminished cultivation.

David Ricardo

Sufficiently rich to satisfy all my desires and the reasonable desires of all those about me.

David Ricardo

By far the greatest part of those goods which are the objects of desire, are procured by labour; and they may be multiplied, not in one country alone, but in many, almost without any assignable limit, if we are disposed to bestow the labour necessary to obtain them.

David Ricardo

Mr. Malthus says, " It has been justly observed by Adam Smith that no equal quantity of productive labour employed in manufactures can ever occasion so great a reproduction as in agriculture. " If Adam Smith speaks of value, he is correct; but if he speaks of riches, which is the important point, he is mistaken; for he has himself defined riches to consist of the necessaries, conveniences, and enjoyments of human life. One set of necessaries and conveniences admits of no comparison with another set; value in use cannot be measured by any known standard; it is differently estimated by different persons.

David Ricardo

The exchangeable value of all commodities, rises as the difficulties of their production increase.

David Ricardo

I am told that I adopt new and unusual language, not reconcilable with the true principals of the science. To me it appears that the unusual and, indeed, inconsistent language is that used by my opponents.

David Ricardo

Under a system of perfectly free commerce, each country naturally devotes its capital and labour to such employments as are most beneficial to each.

David Ricardo

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.

David Ricardo

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 price expressed.

David Ricardo

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)

If we were left to ourselves, unfettered by legislative enactments, we should gradually withdraw our capital from the cultivation of such lands, and import the produce which is at present raised upon them.

David Ricardo

The facility of obtaining food is beneficial in two ways to the owners of capital, it at the same time raises profits and increases the amount of consumable commodities.

David Ricardo

The proportions, too, in which the capital that is to support labour, and the capital that is invested in tools, machinery and buildings, may be variously combined.

David Ricardo

NOTHING contributes so much to the prosperity and happiness of a country as high profits.

David Ricardo

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David Ricardo

David Ricardo - Image

Occupation: British Economist
Born: April 18, 1772
Died: September 11, 1823
Quotes count: 65
Wikipedia: David Ricardo

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