Occupation: Economist Birth: April 18, 1772 Death: September 11, 1823
Labour, like all other things which are purchased and sold... has its natural and its market price..
Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power..
Like all other contracts, wages should be left to the fair and free competition of themarket, and should never be controlled by the interference of t….
There is no way of keeping profits up but by keeping wages down..
The farmer and manufacturer can no more live without profit than the labourer without wages..
The variation in the value of money, however great, makes no difference in the rate of profits..
Taxation under every form presents but a choice of evils..
The price of corn will naturally rise with the difficulty of producing the last portions of it..
Profits are not made by differential cleverness, but by differential stupidity..
The wheat bought by a farmer to sow is comparatively a fixed capital to the wheat purchased by a baker to make into loaves..
There can be no rise in the value of labour without a fall of profits..
There can be no greater error then in supposing that capital is increased by non-consumption..
If a tax on malt would raise the price of beer, a tax on bread must raise the price of bread..
A rise in wages, from an alteration in the value of money, produces a general effect on price, and for that reason it produces no real effect whateve….
Nothing contributes so much to the prosperity and happiness of a country as high profits..
Money is neither a material to work upon nor a tool to work with..
For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid..
The exchangeable value of all commodities rises as the difficulties of their production increase..
No extension of foreign trade will immediately increase the amount of value in a country, although it will very powerfully contribute to increase the….
Rent is the portion of the earth, which is paid to the landlord for the user of the original and indestructible powers of the soil.
Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the quantity of labour required to ob….