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David Ricardo Quotes


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Quotes by David Ricardo

Showing 21-27 of 27 Quotes by 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

Topics: Accumulate Capital Certainly Classes Commercial Corn Encouragement Fall Industry Lead Means Most Obtained Price Productive Prosperity Surely Then Will

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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

Topics: Capital Cultivation Gradually Import Lands Left Legislative Our Ourselves Present Produce Raised Should Them Were Which Withdraw

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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

Topics: Attended Both Commodity Comparative Comparing Consideration Different Equally Intensity Labour Needs Particular Periods Required Same Scarcely Skill Therefore Time Value

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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

Topics: Belong Between Carefully Commodity Distinguish Estimated Expressed Itself Medium Price Principles Regulate Should Stating Those Value Variation Variations Which

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It is not by the absolute quantity of produce obtained by either class, that we can correctly judge of the rate of profit, rent, and wages, but by the quantity of labour required to obtain that produce.

~David Ricardo

Topics: Absolute Class Correctly Either Judge Labour Obtain Obtained Produce Profit Quantity Rate Rent Required Wages

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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

Topics: Buildings Capital Combined Invested Labour Machinery May Proportions Support Too Tools Which

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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

Topics: Agricultural Belonging Cultivation Equal Land Ordinary Produce Profits Rate Rent Stock Then Together Usual Value Whenever Whole

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Biography

Nationality: British

Type: Economist

Born: April 18th, 1772

Died: September 11th, 1823

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