The rise or fall of wages is common to all states of society, whether it be the stationary, the advancing, or the retrograde state.
More Quotes from 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
Rent is the portion of the earth, which is paid to the landlord for the user of the original and indestructible powers of the soil
David Ricardo
The exchangeable value of all commodities, rises as the difficulties of their production increase.
David Ricardo
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.
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
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
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Based on Topics: Society & Civilization QuotesBased on Keywords: retrograde, stationary
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