Best quotes by David Ricardo on Rise
Checkout quotes by David Ricardo on Rise
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‟ There can be no rise in the value of labour without a fall of profits.
- David Ricardo
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‟ 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 Ricardo
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‟ 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 Ricardo
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‟ The rise or fall of wages is common to all states of society, whether it be the stationary, the advancing, or the retrograde state.
- David Ricardo
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‟ But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed.
- David Ricardo