Author: David Ricardo

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.

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

There can be no rise in the value of labour without a fall of profits.

There can be no rise in the value of labour without a fall of profits.

- David Ricardo

The rise or fall of wages is common to all states of society, whether it be the stationary, the advancing, or the retrograde state.

The rise or fall of wages is common to all states of society, whether it be the stationary, the advancing, or the retrograde state.

- David Ricardo

The facility of obtaining food is beneficial in two ways to the owners of capital, it at the same time raises profits and increases the amount of consumable commodities.

The facility of obtaining food is beneficial in two ways to the owners of capital, it at the same time raises profits and increases the amount of consumable commodities.

- David Ricardo

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