Phrase by 'David Ricardo'
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There can be no rise in the value of labour without a fall of profits.
Author: David Ricardo - British EconomistValue , Fall , Finance , Rise
The exchangeable value of all commodities, rises as the difficulties of their production increase.
Author: David Ricardo - British EconomistValue , Production , Difficulties , Rises
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.
Author: David Ricardo - British EconomistValue , Like , Gold , Finance
The rise or fall of wages is common to all states of society, whether it be the stationary, the advancing, or the retrograde state.
Author: David Ricardo - British EconomistSociety , Fall , Common , Rise
After all the fertile land in the immediate neighbourhood of the first settlers were cultivated, if capital and population increased, more food would be required, and it could only be procured from land not so advantageously situated.
Author: David Ricardo - British EconomistMore , Only , Land , Food
If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification, - it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it.
Author: David Ricardo - British EconomistValue , Words , Way , Whatever
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.
Author: David Ricardo - British EconomistValue , Belong , Principles , Price
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.
Author: David Ricardo - British EconomistValue , Money , Real , Rise
A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.
Author: David Ricardo - British EconomistMoney , Will , Price , Rise
Again two manufacturers may employ the same amount of fixed, and the same amount of circulating capital; but the durability of their fixed capitals may be very unequal.
Author: David Ricardo - British EconomistTwo , Same , Again , May
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