But it is clear that the price of labour has no necessary connection with the price of food, since it depends entirely on the supply of labourers compared with the demand.

Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.

Nothing contributes so much to the prosperity and happiness of a country as high profits.

Again two manufacturers may employ the same amount of fixed, and the same amount of circulating capital; but the durability of their fixed capitals may be very unequal.

The demand for money is regulated entirely by its value, and its value by its quantity.

But it is clear that the price of labour has no necessary connection with the price of food, since it depends entirely on the supply of labourers compared with the demand.

There can be no greater error then in supposing that capital is increased by non-consumption.