Called an inquiry into the laws which determine the division of the produce.
DAVID RICARDO
DAVID RICARDO
David Ricardo on division
David Ricardo55 quotes“Called an inquiry into the laws which determine the division of the produce.”
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If I discover a manure which will enable me to make a piece of land produce 20 per cent more corn, I may withdraw at least a portion of my capital from the most unproductive part of my farm.
David RicardoDavid Ricardo During the period of capital moving from one employment to another, the profits on that to which capital is flowing will be relatively high, but will continue so no longer than till the requisite capital is obtained.
David RicardoDavid Ricardo Every transaction in commerce is an independent transaction.
David RicardoDavid Ricardo 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.
David RicardoDavid Ricardo To alter the money value of commodities, by altering the value of money, and yet to raise the same money amount by taxes, is then undoubtedly to increase the burthens of society.
David RicardoDavid Ricardo 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 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.
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
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More on division
The intellect always cuts and divides like a pair of scissors. The heart sews things together and unites like a needle. The tailor uses both.
Mata AmritanandamayiMata Amritanandamayi If religion becomes a cause of dislike, hatred and division, it would be better to be without it… Any religion which is not a cause of love and unity is no religion.
Abdu'l-BahaAbdu'l-Baha If religion becomes a cause of dislike, hatred and division it were better to be without it.
Abdu'l-BahaAbdu'l-Baha This perception of division between the seer and the object that is seen, is situated in the mind. For those remaining in the heart, the seer becomes one with the sight.
Ramana MaharshiRamana Maharshi The Tao is in all things, in their divisions and their fullness. What I dislike about divisions is that they multiply, and what i dislike about multiplication is that it makes people want to hold fast to it. So people go out and forget to return, seeing little more than ghosts.
ZhuangziZhuangzi Work divided is in that manner shortened.
MartialMartial I’ll tell you what I miss most. What I would love to do, more than anything, is just anthologies. With an anthology, you can tell any story and be in every division of television. We don’t have any anthologies anymore, do we?
Aaron SpellingAaron Spelling Just to clarify the division of labor on the show, I write the show and Alan [Poul] does everything else.
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