“The variation in the value of money, however great, makes no difference in the rate of profits.”

Called an inquiry into the laws which determine the division of the produce.

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 whatever on profits.

As the revenue of the farmer is realized in raw produce, or in the value of raw produce, he is interested, as well as the landlord, in its high exchangeable value, but a low price of produce may be compensated to him by a great additional quantity.

But a tax on luxuries would no other effect than to raise their price. It would fall wholly on the consumer, and could neither increase wages nor lower profits.

For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.

There can be no greater error then in supposing that capital is increased by non-consumption.

Whenever, then, the usual and ordinary rate of the profits of agricultural stock, and all the outgoings belonging to the cultivation of land, are together equal to the value of the whole produce, there can be no rent.

It is not by the absolute quantity of produce obtained by either class, that we can correctly judge of the rate of profit, rent, and wages, but by the quantity of labour required to obtain that produce.

Money is neither a material to work upon nor a tool to work with.

The wheat bought by a farmer to sow is comparatively a fixed capital to the wheat purchased by a baker to make into loaves.

The price of corn will naturally rise with the difficulty of producing the last portions of it.

Whether a bank lent one million, ten million, or a hundred millions, they would not permanently alter the market rate of interest; they would alter only the value of the money they issued.

Again two manufacturers may employ the same amount of fixed, and the same amount of circulating capital; but the durability of their fixed capitals may be very unequal.

Labour, like all other things which are purchased and sold, has its natural and its market price.

Whenever the current of money is forcibly stopped, and when money is prevented from settling at its just level, there are no limits to the possible variations of the exchange.

The exchangeable value of all commodities rises as the difficulties of their production increase.

We do a lot of things for reasons besides profit motive. We want to leave the world better than we found it.

The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.

This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.

Wise men profit more from fools than fools from wise men; for the wise men shun the mistakes of fools, but fools do not imitate the successes of the wise.

The worst crime against working people is a company which fails to operate at a profit.

Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.

Human nature is such that people are born with a love of profit If they follow these inclinations, they will struggle and snatch from each other, and inclinations to defer or yield will die.

The engine which drives enterprise is not thrift, but profit.