David Ricardo

Economics English 1772 – 1823 289 quotes

Theory of comparative advantage

Quotes by David Ricardo

The quantity of money in a country is regulated by the wants of commerce.

The High Price of Bullion, a Proof of the Depreciation of Bank Notes 1810

The only way to prevent the depreciation of paper money is to make it convertible into specie.

The High Price of Bullion, a Proof of the Depreciation of Bank Notes 1810

The interest of the consumer is always the same as the interest of the producer.

On the Principles of Political Economy and Taxation 1817

The greater the portion of the produce of the land which is absorbed by rent, the less remains for the profits of stock.

On the Principles of Political Economy and Taxation 1817

The progress of society is marked by the increasing difficulty of procuring food.

On the Principles of Political Economy and Taxation 1817

The demand for labour depends on the quantity of capital employed in its production.

On the Principles of Political Economy and Taxation 1817

The rate of wages is determined by the proportion between capital and population.

On the Principles of Political Economy and Taxation 1817

The natural price of labour is not a fixed and unalterable quantity.

On the Principles of Political Economy and Taxation 1817

The market price of labour may deviate considerably from its natural price.

On the Principles of Political Economy and Taxation 1817

The profits of stock are the reward of abstinence.

On the Principles of Political Economy and Taxation 1817

The value of a commodity is not affected by the wages paid to the labourers who produce it.

On the Principles of Political Economy and Taxation 1817

The only way to increase the wealth of a nation is to increase its capital.

On the Principles of Political Economy and Taxation 1817

The interest of the landlord is always opposed to the interest of the capitalist and the labourer.

An Essay on the Influence of a Low Price of Corn on the Profits of Stock 1815

The corn laws are a tax on the whole community, for the benefit of a particular class.

An Essay on the Influence of a Low Price of Corn on the Profits of Stock 1815

The funding system is a system of perpetual taxation.

Funding System 1820

The only way to reduce the national debt is to reduce the public expenditure.

Funding System 1820

The true policy of a country is to allow the greatest possible freedom of trade.

On the Principles of Political Economy and Taxation 1817

The accumulation of capital is the result of saving.

On the Principles of Political Economy and Taxation 1817

The division of labour increases the productive powers of labour.

On the Principles of Political Economy and Taxation 1817

The natural tendency of things is for profits to fall.

On the Principles of Political Economy and Taxation 1817