Search Results in Quotes

12 results for your search term: “ricardo”.

David Ricardo on Wages and the Deflation of Currency

These, then, are the laws by which wages are regulated, and by which the happiness of far the gre...

David Ricardo, Paper Money, and the Abuse of Power

Experience, however, shows that neither a State nor a Bank ever have had the unrestricted power o...

David Ricardo on Taxation

Taxation under every form presents but a choice of evils; if it do not act on profit, or other so...

David Ricardo considered taxation to be a “great evil” which hindered the accumulation of productive capital and reduced consumption (1817)

There are no taxes which have not a tendency to lessen the power to accumulate. All taxes must ei...

David Ricardo on how “insecure tenure” of property rights harms the poor (1824)

Whatever might be his gains after such a principle (of redistribution) had been admitted would be...

David Ricardo on the “mere increase of money” (1809)

Why should the mere increase of money have any other effect than to lower its value? How would it...

Henry Vaughan argues that it is the voluntary and “universal concurrence of mankind”, not the laws, which makes money acceptable as a medium of exchange (1675)

But you will say, that gold coins, excepting the difference of colour, and of some other properti...

William Cobbett opposes the government bail-out at taxpayer expence of those who lent money to the state (1815)

These conferences will not, I trust, as some persons appear to suppose, lead to any application o...

Nassau Senior on how the universal acceptance of gold and silver currency creates a world economy (1830)

In fact the portableness of the precious metals and the universality of the demand for them rende...

Friedrich List and Manufacturing Power

The nation must sacrifice and give up a measure of material property in order to gain culture, sk...

Destutt de Tracy on the mutually beneficial nature of exchange (1817)

(A)n exchange is a transaction in which the two contracting parties both gain. Whenever I make an...

Eugen von Böhm-Bawerk argues that Marx ignored the fact that the same amount of labor time should be rewarded differently depending upon where along the structure of production it took place (1898)

Now Marx’s hypothesis assumes that the prices of the commodities I and II are determined exactly ...