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Quote by David Ricardo

“Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods.”

Quote by David Ricardo

Book:On the Principles of Political Economy, and Taxation

Work

On the Principles of Political Economy, and Taxation

This book explores the fundamental principles of political economy and taxation, offering a detailed analysis of economic systems and fiscal policies. more

Author

David Ricardo (April 18, 1772 - September 11, 1823) was a British economist and one of the key figures in the classical school of economics. He is known for his theory of comparative advantage, which has had a profound impact on the development of economics. more

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Book:Works: With a Notice of the Life and Writings of the Author

Source: Works: With a Notice of the Life and Writings of the Author

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Book:On the Principles of Political Economy, and Taxation

Source: On the Principles of Political Economy, and Taxation

“After all the fertile land in the immediate neighbourhood of the first settlers were cultivated, if capital and population increased, more food would be required, and it could only be procured from land not so advantageously situated.”

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Book:The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch

Source: The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch

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Book:The Works of David Ricardo, Esq., M.P.: With a Notice of the Life and Writings of the Author

Source: The Works of David Ricardo, Esq., M.P.: With a Notice of the Life and Writings of the Author

“Four things have almost invariably followed the imposition of controls to keep prices below the level they would reach under supply and demand in a free market: (1) increased use of the product or service whose price is controlled, (2) Reduced supply of the same product or service, (3) quality deterioration, (4) black markets.”

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Author:Thomas Sowell

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Source: The Vision of the Anointed: Self-congratulation as a Basis for Social Policy

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Source: The Vision of the Anointed: Self-congratulation as a Basis for Social Policy