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Quote by David Ricardo

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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

David Ricardo
David Ricardo

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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“Overt intelligent performances are not clues to the workings of minds; they are those workings. Boswell described Johnson's mind when he described how he wrote, talked, ate, fidgeted and fumed. His description was, of course, incomplete, since there were notoriously some thoughts which Johnson kept carefully to himself and there must have been many dreams, daydreams and silent babblings which only Johnson could have recorded and only a James Joyce would wish him to have recorded.”

“When two terms belong to the same category, it is proper to construct conjunctive propositions embodying them. Thus a purchaser may say that he bought a left-hand glove and a right- hand glove, but not that he bought a left-hand glove, a right- hand glove, and a pair of gloves. 'She came home in a flood of tears and a sedan-chair' is a well known joke based on the absurdity of conjoining terms of different types. Now the dogma of the Ghost in the Machine does just this. It maintains that there exist both bodies and minds.”

“Art is always the index of social vitality, the moving finger that records the destiny of a civilization. A wise statesman should keep an anxious eye on this graph, for it is more significant than a decline in exports or a fall in the value of a nation's currency.”