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
Read Quote

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
Read Quote
Other Quotes from
finance
category

The reason that minorities and women dont have a better shot at getting elected to the Senate or to statewide office is because the campaign finance rules are so skewed as to make it very difficult for non-traditional candidates to raise the money necessary to get elected. – Carol Moseley Braun

Category:
finance

Qaddafi is hated because he is the leader of a small country that is rich, but he uses his money to finance liberation struggles. – Louis Farrakhan

Category:
finance

As a novelist, I tell stories and people give me money. Then financial planners tell me stories and I give them money. – Martin Cruz Smith

Category:
finance

The government is also looking at further benefits including enhanced capital allowances the use of Tax Incremental Finance and extra help from UK Trade and Investment on inward investment and trade opportunities. – Andy Sawford

Category:
finance

Random Quotes

There are four ways, and only four ways, in which we have contact with the world. We are evaluated and classified by these four contacts: what we do, how we look, what we say, and how we say it. – Dale Carnegie

Category:
communication

There is no surer sign of decay in a country than to see the rites of religion held in contempt. – Niccolo Machiavelli

Category:
Religion

Im learning to embrace who I am and what I look like. – Erica Durance

Category:
Learning

Many societies have educated their male children on the simple device of teaching them not to be women. – Margaret Mead

Category:
Women