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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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

Finance is critical. If sufficient investment is made in infrastructure and venture capital is made available, there will be a big improvement in the situation. – Sanjay Kumar

Category:
finance

We were told this war would be over in a matter of weeks, and that the Iraqis would be able to finance it with oil sales. We were promised it was not a mission of nation building. – Sherrod Brown

Category:
finance

But having said that, whats happening with campaign finance reform and our political culture is devastating. – Robert McChesney

Category:
finance

Do you know the only thing that gives me pleasure? Its to see my dividends coming in. – John D. Rockefeller

Category:
finance

Random Quotes

Were teaching young girls that this is what they should be focusing on: rich and famous girls who are rich and famous for nothing. – Ellen Pompeo

Category:
famous

Uncle claims that if he files his income tax wrong hell go to jail, and if he files it right hell go to the poor house. – Nonnee Coan

Category:
Taxation

Over and over, we hear politicians say they cant spend our tax dollars on environmental protection when the economy is so fragile. – David Suzuki

Category:
environmental

The Internet is just a world passing around notes in a classroom. – Jon Stewart

Category:
Internet