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 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 RicardoLabour, like all other things which are purchased and sold... has its natural and its market price.
David Ricardo