It is here we come to the heart of the matter. The economic principle of comparative advantage', 'a country may, in return for manufactured commodities, import corn even if it can be grown with less labour than in the country from which it is imported
Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power. - David Ricardo
Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.
- David Ricardo
The price of corn will naturally rise with the difficulty of producing the last portions of it. - David Ricardo
The price of corn will naturally rise with the difficulty of producing the last portions of it.
Taxation under every form presents but a choice of evils. - David Ricardo
Taxation under every form presents but a choice of evils.
Profits are not made by differential cleverness, but by differential stupidity. - David Ricardo
Profits are not made by differential cleverness, but by differential stupidity.
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… - David Ricardo
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…
The variation in the value of money, however great, makes no difference in the rate of profits. - David Ricardo
The variation in the value of money, however great, makes no difference in the rate of profits.
Labour, like all other things which are purchased and sold... has its natural and its market price. - David Ricardo
Labour, like all other things which are purchased and sold... has its natural and its market price.
The farmer and manufacturer can no more live without profit than the labourer without wages. - David Ricardo
The farmer and manufacturer can no more live without profit than the labourer without wages.
There is no way of keeping profits up but by keeping wages down. - David Ricardo
There is no way of keeping profits up but by keeping wages down.
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