David Ricardo on doubt
David Ricardo55 quotes“Gold and silver are no doubt subject to fluctuations, from the discovery of new and more abundant mines; but such discoveries are rare, and their effects, though powerful, are limited to periods of comparatively short duration.”
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A BOUNTY on the exportation of corn tends to lower its price to the foreign consumer, but it has no permanent effect on its price in the home market.
David RicardoDavid Ricardo A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.
David RicardoDavid Ricardo Utility then is not the measure of exchangeable value, although it is absolutely essential to it.
David RicardoDavid Ricardo The factors left out of the Ricardian equation are falling wages and idle capacity.
David RicardoDavid Ricardo 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 RicardoDavid Ricardo I have already expressed my opinion on this subject in treating of rent, and have now only further to add, that rent is a creation of value, as I understand that word, but not a creation of wealth.
David RicardoDavid Ricardo The demand for money is regulated entirely by its value, and its value by its quantity.
David RicardoDavid Ricardo If English money was of the same value then as before, Hamburgh money must have risen in value. But where is the proof of this?
David RicardoDavid Ricardo Profits are not made by differential cleverness, but by differential stupidity.
David RicardoDavid Ricardo 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
David RicardoDavid Ricardo Nothing contributes so much to the prosperity and happiness of a country as high profits.
David RicardoDavid Ricardo If a commodity were in no way useful, – in other words, if it could in no way contribute to our gratification, – it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it.
David RicardoDavid Ricardo Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the quantity of labour required to obtain them.
David RicardoDavid Ricardo If the demand for home commodities should be diminished, because of the fall of rent on the part of the landlords, it will be increased in a far greater degree by the increased opulence of the commercial classes.
David RicardoDavid Ricardo There is no way of keeping profits up but by keeping wages down.
David RicardoDavid 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 the legislature.
David RicardoDavid Ricardo
Original quotes
From our community writers
Sadness shoots a bullet straight at your heart and love buys you time.
Shelby CaudleShelby Caudle Do you think it possible that some people are born to give more love than they will ever get back in return?
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Ranata SuzukiRanata Suzuki In this wilderness, Mankind is the animal I fear.
Addison SchmittAddison Schmitt We can always walk with them in the rain instead of just lending an umbrella.
Leon MarshLeon Marsh Flowers only wither to bloom again. So shall you break, only to be whole again.
Fareena AliyaFareena Aliya What do you do when the passion burns out? Start another fire.
Jonny OxJonny Ox To love well is the task in all meaningful relationships, not just romantic bonds.
Bell HooksBell Hooks
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More on doubt
Doctor, you don’t know what it is to doubt everything, even yourself. No, you don’t; you couldn’t with eyebrows like yours.
Bram StokerBram Stoker Extremism is not endemic in my region, nor is anti-Western sentiment. No doubt there is discontent and distrust. That is towards more the American and some Western policies, and not toward the American people.
Queen Rania of JordanQueen Rania of Jordan To doubt is to have faith in the worst possible outcome.
Blaine Lee PardoeBlaine Lee Pardoe I don’t prepare for my roles. I don’t watch movies to get inspired. I don’t dig deep. I’ll never be that type of actor, and I doubt that I ever will be.
Bow WowBow Wow {While meditating} I sit quietly and rest in the nature of mind; I don’t question or doubt whether I am in the “correct” state or not.
Sogyal RinpocheSogyal Rinpoche I’ve got to start listening to those quiet, nagging doubts.
Bill WattersonBill Watterson I studied that first Karpov-Kasparov match for a year and a half before I cracked it, what they were doing, and discovered that it was all prearranged move-by-move. There’s no doubt of it in my mind.
Bobby FischerBobby Fischer John Kricfalusi is very talented; he used to really piss me off. But I did good work, you know? The Ren & Stimpy show without me was totally unsuccessful.
Billy WestBilly West
