David Ricardo Quotes

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There can be no rise in the value of labour without a fall of profits.

David Ricardo

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Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.

David Ricardo

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Birth:	18th April, 1772
Death:	11th September, 1823
Nationality:	British
Profession:	Economist

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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.

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