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

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
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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
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Other Quotes from
finance
category

Survivor wouldnt have happened had I not gone out there and helped CBS to sell sponsors to finance the first one. Part of my thinking on Survivor was that it should have rewards that are corporate brands. A Big Mac, one thimble-full of Coca-Cola. – Mark Burnett

Category:
finance

If US per capita income continues to grow at a rate of 1.5 percent a year, the country will have plenty of money to finance comfortable retirements and high-quality healthcare for all citizens, including those at the bottom of the wage ladder. – William Greider

Category:
finance

The avoidance of taxes is the only intellectual pursuit that still carries any reward. – John Maynard Keynes

Category:
finance

Actually criminal sanctions that are given could be up to five years for violating the rules and regulations under the campaign finance reform. This is like the Alien and Sedition Act of years and years ago, decades ago. – Jay Alan Sekulow

Category:
finance

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Love is my religion – I could die for it. – John Keats

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Love

No country in history ever sent mothers of toddlers off to fight enemy soldiers until the United States did this in the Iraq war. – Phyllis Schlafly

Category:
History

I became a larger than life figure for one reason only. When youre quoted in the Wall Street Journal, the New York Times, constantly as the expert in the business people assume youre a lot bigger than you are. And then I had to run like hell to catch up with my own image. – Barbara Corcoran

Category:
Business

Writing became an obsessive compulsive habit but I had almost no money so I thought about being an urban firefighter and having lots of free time in which to write or becoming an English teacher and thinking about books and writers on a daily basis. That swayed me. – David Guterson

Category:
teacher