A Quote by David Ricardo

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

Quote Topics

Alteration Effect General Money Price Produces Profits Real Reason Rise Value Value Of Money Wages Whatever

Quote Author

David Ricardo
British - Economist
April 18, 1772 - September 11, 1823

A well-composed song strikes the mind and softens the feelings, and produces a greater effect than a moral work, which convinces our reason, but does not warm our feelings, nor effect the slightest alteration in our habits

Napoleon Bonaparte

Looking at the doctrine of Darwinism, which undergirded my atheism for so many years, it didn’t take me long to conclude that it was simply too far-fetched to be credible. I realized that if I were to embrace Darwinism and its underlying premise of naturalism, I would have to believe that: 1. Nothing produces everything 2. Non-life produces life 3. Randomness produces fine-tuning 4. Chaos produces information 5. Unconsciousness produces consciousness 6. Non-reason produces reason....The central pillars of evolutionary theory quickly rotted away when exposed to scrutiny.

Lee Strobel

But a tax on luxuries would no other effect than to raise their price. It would fall wholly on the consumer, and could neither increase wages nor lower profits.

David Ricardo

Men do not knowingly drink for the effect alcohol produces on the body. What they drink for is the brain-effect; and if it must come through the body, so much the worse for the body.

Jack London

Paint, not the thing but the effect which it produces.

Stephane Mallarme

Whereas a competitive firm must sell at the market price, a monopoly owns its market, so it can set its own prices. Since it has no competition, it produces at the quantity and price combination that maximizes its profits.

Peter Thiel

Every cause produces more than one effect.

Herbert Spencer

As no cause remains without its due effect from greatest to least, from a cosmic disturbance down to the movement of your hand, and as like produces like, Karma is that unseen and unknown law which adjusts wisely, intelligently, and equitably each effect to its cause, tracing the latter back to its producer.

H. P. Blavatsky

A vice sanctioned by the general opinion is merely a vice. The evil terminates in itself. A vice condemned by the general opinion produces a pernicious effect on the whole character. The former is a local malady; the latter, constitutional taint. When the reputation of the offender is lost, he too often flings the remainder of his virtue after it in despair.

Thomas B. Macaulay

You know, I've got experiences going back to the wage price controls in the Nixon administration where, in effect, we had what I think was a terrible mistake, in that case a Republican administration, where moved in and tried to control the wages, prices and profits of every enterprise in America. It was a huge mistake.