The natural price of labour is that price which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution.
David Ricardo Quotes
Eventually, most people felt MoMA had filled a very important gap.
Similar Quotes
Cricket is the greatest game that the wit of man has yet devised.
- Sir Pelham WarnerAdvertising is selling Twinkies to adults.
- Donald R. VanceThe struggle of the male to learn to listen to and respect his own intuitive, inner prompt...
- Herb GoldbergEach generation of the church in each setting has the responsibility of communicating the ...
- Francis SchaefferEach had defended his own country; the Germans Germany, the Frenchmen France; they had don...
- Ernst TollerComments on: "David Ricardo Quotes: Eventually, most people felt MoMA had filled a very important gap."
-
It is not to be understood that the natural price of labour, estimated even in food and necessaries, is absolutely fixed and constant. It varies at different times in the same country and very materially differs in different countries. It essentially depends on the habits and customs of the people.
Topics in Uncategorized
Birth: | 18th April, 1772 |
Death: | 11th September, 1823 |
Nationality: | British |
Profession: | Economist |
David Ricardo was born in London. He was a British political economist, stock trader, and author. He was often credited with systematising economics, and was one of the most influential of the classical economists, along with Thomas Malthus, Adam Smith, and John Stuart Mill.
Related Authors
Advertisement
Today's Anniversary - 19th November
Births
- 1938 - Ted Turner
- 1986 - Dayron Robles
- 1939 - Tom Harkin
- 1878 - Amelia Josephine Burr
- 1919 - Alan Young
Deaths
- 1850 - Richard Mentor Johnson
- 1987 - Sir John Rupert Colville
- 2004 - Terry Melcher
- 1692 - Thomas Shadwell
- 1971 - Xu Zhimo
Quote of the day
Popular Topics
About Quoteswave
Our mission is to motivate, boost self confiedence and inspire people to Love life, live life and surf life with words.
Share with your friends