David Ricardo Quotes

Enjoy the top 71 famous quotes, sayings and quotations by David Ricardo.

David Ricardo Quotes

The price of corn will naturally rise with the difficulty of producing the last portions of it, ...
— David Ricardo —

As the revenue of the farmer is realized in raw produce, or in the value of raw produce, he is interested, as well as the landlord, in its high exchangeable value, but a low price of produce may be compensated to him by a great additional quantity.

— 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

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

If the demand for home commodities should be diminished, because of the fall of rent on the part of the landlords, it will be increased in a far greater degree by the increased opulence of the commercial classes.

— David Ricardo

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

— 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

If then the prosperity of the commercial classes, will most certainly lead to accumulation of capital, and the encouragement of productive industry; these can by no means be so surely obtained as by a fall in the price of corn.

— 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

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

— David Ricardo

Profits are not made by differential cleverness, but by differential stupidity.

— David Ricardo

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

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

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

— David Ricardo

The produce of the earth - all that is derived from its surface by the united application of labour, machinery, and capital, is divided among three classes of the community, namely, the proprietor of the land, the owner of the stock or capital necessary for its cultivation, and the labourers by whose industry it is cultivated.

— David Ricardo

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

— David Ricardo

The demand for money is regulated entirely by its value, and its value by its quantity.

— David Ricardo

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