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David Ricardo
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Not who you're looking for? Others named David Ricardo: Brazilian footballer · Member of Parliament; (1803-1864)
“Money is neither a material to work upon nor a tool to work with.”
“The wheat bought by a farmer to sow is comparatively a fixed capital to the wheat purchased by a baker to make into loaves.”
“LABOUR, like all other things which are purchased and sold, and which may be increased or diminished in quantity, has its natural and its market price. The natural price of labour is that price which is necessary to enable the labourers, on with another, to subsist and to perpetuate their race, without either increase or diminution.”
“There can be no greater error then in supposing that capital is increased by non-consumption.”
“A BOUNTY on the exportation of corn tends to lower its price to the foreign consumer, but it has no permanent effect on its price in the home market.”
“To alter the money value of commodities, by altering the value of money, and yet to raise the same money amount by taxes, is then undoubtedly to increase the burthens of society.”
Quotes via Wikiquote (CC BY-SA), each with its original source.
David Ricardo was a British economist and politician. He is recognized as one of the most influential classical economists, alongside figures such as Thomas Malthus, Adam Smith and James Mill.
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