There can be no rise in the value of labour without a fall of profits.
David Ricardo
More from: David Ricardo
DOWNLOAD
You are free to use this picture for any purpose including commercial. A credit linking back to this page is appreciated.
Similar Quotes:
-
I got IRS records to finance what I wanted to do. -
The studios don't finance anymore, they get outside funds. -
Every nation has to either be with us, or against us. Those who harbor terrorists, or who finance them, are going to pay a price. -
Masood Ahmed brings to the position of director of external relations extensive experience gained in a range of senior positions in international finance and development. -
Our strength in finance has led us to set up an international financial centre with medium and long-term objectives, especially to develop Islamic financial and insurance services.
More quotes by 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.
- 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.
- There can be no rise in the value of labour without a fall of profits.
- 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.
- 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.