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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

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
Author
David Ricardo
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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
Author
David Ricardo
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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
Author
David Ricardo
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finance
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I delivered lectures, and I was also a consultant for international companies in finance, both private equity and big venture capital funds. – Ehud Barak

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Any informed borrower is simply less vulnerable to fraud and abuse. – Alan Greenspan

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To beat the market youll have to invest serious bucks to dig up information no one else has yet. – Merton Miller

Category:
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