Famous David Ricardo Quotes

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David Ricardo photoDavid Ricardo was an influential economist of 18/19th century who wrote "Principles of Political Economy and Taxation".

Name: David Ricardo
Born: April 18, 1772
Died: September 11, 1823
Country: United Kingdom

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David Ricardo Quotations..

  • There is no way of keeping profits up but by keeping wages down.
    David Ricardo # Profit, Salary, Economic Quotes
  • The exchangeable value of all commodities, rises as the difficulties of their production increase.
    David Ricardo # Economic, Value, Difficult Quotes
  • 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 # Labour, Economic, Value Quotes
  • Gold and silver are no doubt subject to fluctuations, from the discovery of new and more abundant mines; but such discoveries are rare, and their effects, though powerful, are limited to periods of comparatively short duration.
    David Ricardo # Gold, Economic, Doubt Quotes
  • A rise in wages, from an alteration in the value of money, produces a general effect on price, and for that reason it produces no real effect whatever on profits.
    David Ricardo # Salary, Money, Economic Quotes
  • 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 # Capitalist, Rich, Profit Quotes
  • Money, being a variable commodity, the rise of money-wages will be frequently occasioned by a fall in the value of money.
    David Ricardo # Salary, Money, Economic, Value Quotes
  • 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 # Profit, Stocks, Value, Equality Quotes
  • 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.
    David Ricardo # Rich, Nation, Negative Quotes

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