A Quote by David Ricardo
I have already expressed my opinion on this subject in treating of rent, and have now only further to add, that rent is a creation of value, as I understand that word, but not a creation of wealth.
Related Quotes
When we hear about rent control or gun control, we may think about rent or guns but the word that really matters is 'control.' That is what the political left is all about, as you can see by the incessant creation of new restrictions in places where they are strongly entrenched in power, such as San Francisco or New York.
Adam Smith, and other able writers to whom I have alluded, not having viewed correctly the principles of rent, have, it appears to me, overlooked many important truths, which can only be discovered after the subject of rent is thoroughly understood.
Not understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth. And when a person does not understand the creation of resources and wealth, the only intellectual alternative is to believe that increasing wealth must be at the cost of someone else. This belief that our good fortune must be an exploitation of others may be the taproot of false prophecy about doom that our evil ways must bring upon us.
Every move is a creation,
Maintaining the delicate balance is a creation,
The line is a creation,
Survival is a creation,
Freedom is a creation.
Success is not something you own; it's something you rent, and the rent is due every day. When you stop paying rent on success, you start paying the rent on failure.
All creation begins with thought ("Proceeds from the Father"). All creation then moves to word ("Ask and you shall receive, speak and it shall be done unto you"). All creation is fulfilled in deed ("And the Word was made flesh, and dwelt among us").
Always make sure you have your rent. At the end of the month, if you have to eat Ramen for a week because you won't have your rent money, just do it but make sure your rent is all there so you're not stressing about that. As long as you have your rent at least you have somewhere to live.
The creation of wealth is certainly not to be despised, but in the long run the only human activities really worthwhile are the search for knowledge, and the creation of beauty. This is beyond argument, the only point of debate is which comes first.
The real scientific study of the distribution of wealth has, we must confess, scarcely begun. The conventional academic study of the so-called theory of distribution into rent, interest, wages, and profits is only remotely related to the subject. This subject, the causes and cures for the actual distribution of capital and income among real persons, is one of the many now in need of our best efforts as scientific students of society.
Ultimately I live in the now with artistic creation, not what could or could not be in the future, if a creation appears timeless in somebody's opinion, it won't in others, that's not for me to guess.
If man wishes to know anything about Creation (the time of Creation, the duration of Creation, the order of Creation, the methods of Creation, or anything else) his sole source of true information is that of divine revelation.
Fair tax does not mean we don't want to encourage wealth creation. Wealth creation is how we raise the money to pay for world class schools and hospitals, for proper care of the weak, and dignity for the elderly.
Music is the basis of the whole creation. In reality the whole of creation is music, and what we call music is simply a miniature of the original music, which is creation itself, expressed in tone and rhythm.
The tax upon land values is the most just and equal of all taxes. It falls only upon those who receive from society a peculiar and valuable benefit, and upon them in proportion to the benefit they receive.It is the taking by the community for the use of the community of that value which is the creation of the community. It is the application of the common property to common uses. When all rent is taken by taxation for the needs of the community, then will the equality ordained by nature be attained.
Thought is the first level of creation. Next comes the word. Everything you say is a thought expressed. It is creative and sends forth creative energy into the universe. Words are the second level of creation. Next comes action.
The thing I've learned most about poverty is how expensive it is to be poor. It's super easy to pay rent every month if you earn enough to pay rent and have a decent job. It's super hard to pay rent if you need a coupon from the state and then need to go find an apartment that will accept that coupon and only that coupon.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist