David Ricardo

Economics English 1772 – 1823 289 quotes

Theory of comparative advantage

Quotes by David Ricardo

The demand for commodities is always limited by the power of purchasing them.

On the Principles of Political Economy and Taxation 1817

The only way to increase the demand for commodities is to increase the power of purchasing them.

On the Principles of Political Economy and Taxation 1817

The only way to increase the power of purchasing commodities is to increase the quantity of labour employed in their production.

On the Principles of Political Economy and Taxation 1817

The only way to increase the quantity of labour employed in the production of commodities is to increase the capital of the country.

On the Principles of Political Economy and Taxation 1817

The only way to increase the capital of the country is to save a portion of its annual produce.

On the Principles of Political Economy and Taxation 1817

The only way to save a portion of the annual produce is to consume less.

On the Principles of Political Economy and Taxation 1817

The only way to consume less is to reduce the wages of labour.

On the Principles of Political Economy and Taxation 1817

The only way to reduce the wages of labour is to increase the supply of labour.

On the Principles of Political Economy and Taxation 1817

The only way to increase the supply of labour is to increase the population.

On the Principles of Political Economy and Taxation 1817