David Ricardo on additional
David Ricardo55 quotes“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.”
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Neither machines, nor the commodities made by them, rise in real value, but all commodities made by machines fall, and fall in proportion to their durability.
David RicardoDavid Ricardo There can be no rise in the value of labour without a fall of profits.
David RicardoDavid Ricardo Called an inquiry into the laws which determine the division of the produce.
David RicardoDavid Ricardo The variation in the value of money, however great, makes no difference in the rate of profits.
David RicardoDavid Ricardo 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.
David RicardoDavid Ricardo 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.
David RicardoDavid Ricardo For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.
David RicardoDavid Ricardo There can be no greater error then in supposing that capital is increased by non-consumption.
David RicardoDavid Ricardo 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.
David RicardoDavid Ricardo 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.
David RicardoDavid Ricardo Money is neither a material to work upon nor a tool to work with.
David RicardoDavid Ricardo The wheat bought by a farmer to sow is comparatively a fixed capital to the wheat purchased by a baker to make into loaves.
David RicardoDavid Ricardo The price of corn will naturally rise with the difficulty of producing the last portions of it.
David RicardoDavid Ricardo 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.
David RicardoDavid Ricardo 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.
David RicardoDavid Ricardo Labour, like all other things which are purchased and sold, has its natural and its market price.
David RicardoDavid Ricardo
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More on additional
Tax cutting policies put in place have allowed businesses to grow, which has brought in additional tax revenue to help pay off the debt.
Bill ShusterBill Shuster This much may have happened many times before. But this ancestral packet did something additional and extraordinary. It cleaved itself and produced an heir.
Bill BrysonBill Bryson True, governments can reduce the rate of interest in the short run. They can issue additional paper money.
Ludwig von MisesLudwig von Mises Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.
Ludwig von MisesLudwig von Mises Every day you spend drifting away from your goals is a waste not only of that day, but also of the additional day it takes to regain lost ground.
Ralph MarstonRalph Marston Canada was certainly an additional option for the many traveling the treacherous terrain of the Underground Railroad in pursuit of what was perceived as “freedom.”
Aisha HindsAisha Hinds The mere existence of an additional child or children in the family could signify Less.
Adele FaberAdele Faber In bookstores, my stuff is usually filed in the out-of-the-way, additional interest sections.
Adam GopnikAdam Gopnik
