David Ricardo
Theory of comparative advantage
Quotes by David Ricardo
The market price of commodities is regulated by the supply and demand.
The value of money is regulated by the quantity of it in circulation.
The only way to maintain the value of paper money is to make it convertible into gold.
The interest of the community is always promoted by the greatest possible production of wealth.
The greater the portion of the produce of the land which is absorbed by rent, the less remains for the maintenance of the labourers.
It is not by the produce of his labour that man is enriched, but by the produce of his capital.
To save from income, and to add to capital, is the way to become rich.
It is not because of the produce of his labour that man is enriched, but by the produce of his capital.
The farmer and manufacturer can no more live without profit than the labourer without wages.
Nothing is more common than to hear it said that a rich country cannot long be a manufacturing country.
The quantity of money in a country must depend on the quantity of commodities which it has to exchange.
The difficulty of obtaining food is the great check to the increase of population.
It is a truth which has been long known, that the rate of profit is determined by the proportion which the whole capital bears to the whole produce.
The landlord, like all other men, loves to reap where he has not sown.
The corn laws are a tax on the whole community for the benefit of a part.
It is not by the actual proportion of the produce of land, that the rent is regulated, but by the difference of its productive powers.
The value of money is subject to the same laws as the value of other commodities.
The quantity of labour bestowed on the production of commodities regulates their exchangeable value.
It is not the abundance of gold and silver, but the abundance of commodities, which constitutes the wealth of a nation.
The true value of a thing is the quantity of labour required to produce it.