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
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
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
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
If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of that commodity on which it is exercised, as every diminution must lower it. David Ricardo augmentcommoditydiminution 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 exchangeable value of all commodities, rises as the difficulties of their production increase. David Ricardo commoditydifficultyexchangeable Change image and 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
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
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
