Quote#Work
But it is clear that the price of labour has no necessary connection…
Quote byDavid Ricardo · 1772–1823
Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter XVI, Taxes on Wages, p. 141.
English (original)
But it is clear that the price of labour has no necessary connection with the price of food, since it depends entirely on the supply of labourers compared with the demand.
— David Ricardo
More from David Ricardo
The produce of the earth - all that is derived from its surface by the united application of labour, machinery, and capital, is divided among three classes of the community, namely, the proprietor of the land, the owner of the stock or …
Sufficiently rich to satisfy all my desires and the reasonable desires of all those about me.
more than any other class of the community, is benefited by the depreciation of money, and injured by the increase of its value.
The depreciation of the circulating medium has been more injurious to monied men
Money is neither a material to work upon nor a tool to work with.
Adam Smith, and other able writers to whom I have alluded, not having viewed correctly the principles of rent, have, it appears to me, overlooked many important truths, which can only be discovered after the subject of rent is thoroughly …