“It has therefore been justly observed that however honestly the coin of a country may conform to its standard, money made of gold and silver is still liable to fluctuations in value, not only to accidental, and temporary, but to permanent and natural variations, in the same manner as other commodities.”
Quote by David Ricardo
Work
The Works of David Ricardo ...
This book includes seminal works on the principles of political economy, labor, and distribution, showcasing Ricardo's influential contributions to the field of economics. more
Author
You May Also Like
“There can be no greater error then in supposing that capital is increased by non-consumption.”
“The demand for money is regulated entirely by its value, and its value by its quantity.”
Source: 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
Source: Delphi Complete Poetical Works of Matthew Arnold (Illustrated)
“The factors left out of the Ricardian equation are falling wages and idle capacity.”
Source: 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
“The variation in the value of money, however great, makes no difference in the rate of profits.”
Source: The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch
