In comparing therefore the value of the same commodity, at different periods of time, the consideration of the comparative skill and intensity of labour, required for that particular commodity, needs scarcely to be attended to, as it operates equally at both periods. David Ricardo attendcommoditycomparative share on social
The facility of obtaining food is beneficial in two ways to the owners of capital, it at the same time raises profits and increases the amount of consumable commodities. David Ricardo amountbeneficialcapital Change image and share on social
The exchangeable value of all commodities, rises as the difficulties of their production increase. David Ricardo commoditydifficultyexchangeable Change image and share on social
In stating the principles which regulate exchangeable value and price, we should carefully distinguish between those variations which belong to the commodity itself, and those which are occasioned by a variation in the medium in which value is estimated, or price expressed. David Ricardo belongcarefullycommodity 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
If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification, - it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it. David Ricardo commoditycontributedestitute 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
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 Ricardo abundantcomparativelydiscovery share on social
By far the greatest part of those goods which are the objects of desire, are procured by labour; and they may be multiplied, not in one country alone, but in many, almost without any assignable limit, if we are disposed to bestow the labour necessary to obtain them. David Ricardo assignablebestowcountry share on social
Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods. David Ricardo aircomparecontrary Change image and share on social