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

While neurological studies have tried to identify components responsible for fear and greed, the impact on finance is less clear. – Andrew Lo

Category:
finance

Now both my films have been number one at the Australian box office and it took about two years just to get the finance for this film, so if its hard for me then God help everyone else. – Yahoo Serious

Category:
finance

I only make movies to finance my fishing. – Lee Marvin

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

Being in Blur has allowed me to travel and hear the music thats being made all over the world. – Damon Albarn

Category:
Travel

Some circumstantial evidence is very strong, as when you find a trout in the milk. – Henry David Thoreau

Category:
Justice & Law

To pray is to pay attention to something or someone other than oneself. Whenever a man so concentrates his attention — on a landscape, a poem, a geometrical problem, an idol, or the True God — that he completely forgets his own ego and desires, he is praying. – W. H. Auden

Category:
Prayer

The strength that I have comes from irrigating the citrus plantation, ploughing in the vineyard, guarding the melon fields at night. I believe thats what gave me the strength. – Ariel Sharon

Category:
strength