The produce of the earth - all that is derived from its surface by the united application of labour, machinery, and capital, is divided among three classes of the community, namely, the proprietor of the land, the owner of the stock or capital necessary for its cultivation, and the labourers by whose industry it is cultivated.
David RicardoIf English money was of the same value then as before, Hamburgh money must have risen in value. But where is the proof of this?
David RicardoDuring the period of capital moving from one employment to another, the profits on that to which capital is flowing will be relatively high, but will continue so no longer than till the requisite capital is obtained.
David RicardoIn the same manner if any nation wasted part of its wealth, or lost part of its trade, it could not retain the same quantity of circulating medium which it before possessed.
David RicardoThe exchangeable value of all commodities rises as the difficulties of their production increase.
David Ricardo