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 Ricardo classcommercialcommodity share on social
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 accompanycasecommodity share on social
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 Ricardo agriculturalbelongcultivation share on social
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 advancecommonfall Change image and share on social
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 Ricardo absoluteclasscorrectly share on social
There can be no rise in the value of labour without a fall of profits. David Ricardo falllabourprofit Change image and share on social
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 Ricardo arbitrarybestowcapital share on social
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 alterationeffectgeneral Change image and share on social
The proportions, too, in which the capital that is to support labour, and the capital that is invested in tools, machinery and buildings, may be variously combined. David Ricardo buildingcapitalcombine Change image and share on social
If we were left to ourselves, unfettered by legislative enactments, we should gradually withdraw our capital from the cultivation of such lands, and import the produce which is at present raised upon them. David Ricardo capitalcultivationenactment share on social