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Quote by David Ricardo
Gold and silver, like other commodities, have an intrinsic value,

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. – David Ricardo

Other quotes by David Ricardo

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. – David Ricardo

Category:
Food
Author
David Ricardo
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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. – David Ricardo

Category:
alone
Author
David Ricardo
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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. – David Ricardo

Category:
Food
Author
David Ricardo
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Other Quotes from
finance
category

Under capitalism, man exploits man. Under communism, its just the opposite. – John Kenneth Galbraith

Category:
finance

I like eating out. I like buying beautiful paintings and being surrounded by beautiful things. I have to finance that life. I can barely afford a pension scheme because I dont make enough money. – Andrew Motion

Category:
finance

Weve taken the view that if the rest of the world would democratize and create market economies, that would spread the benefits of prosperity around the world, and that it would enhance our own prosperity, and our own stability and security, as well. – Jeffrey Sachs

Category:
finance

I turn up in Los Angeles every now and then, so I can get some big money films in order to finance my smaller money films. – John Hurt

Category:
finance

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A man who calls bullshit fertilizer. – Frank Dane

Category:
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The pleasure we derive from the representation of the present is due, not only to the beauty it can be clothed in, but also to its essential quality of being the present. – Charles Baudelaire

Category:
Beauty

With participation in politics so low at the moment I think Christians should ensure their views are represented at all levels and not leave it to others. – Iain Duncan Smith

Category:
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I was kicked out of school because of my attitude. I was not assimilating. So I went to work, taking any jobs I could get. – Richard Pryor

Category:
Attitude