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

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
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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

Rounding to the nearest cent is sufficiently accurate for practical purposes. – Alexander John Ellis

Category:
finance

Many dotcoms recruited people from existing companies who were quite experienced in finance, marketing, distribution and other disciplines but not necessarily experienced in the Web culture. – John Patrick

Category:
finance

I was writing an earnest novel about cruises in the Caribbean and I just started writing Bridget Jones to get some money, to finance this earnest work, and then I chucked it out. – Helen Fielding

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

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A very quiet and tasteful way to be famous is to have a famous relative. Then you can not only be nothing, you can do nothing too. – P. J. ORourke

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famous

Im not feeling very well – I need a doctor immediately. Ring the nearest golf course. – Groucho Marx

Category:
Medical

As with most fine things, chocolate has its season. There is a simple memory aid that you can use to determine whether it is the correct time to order chocolate dishes: any month whose name contains the letter A, E, or U is the proper time for chocolate. – Sandra Boynton

Category:
Chocolate

Either God is in the whole of nature, with no gaps, or Hes not there at all. – L. A. Coulson

Category:
Creation