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There Is No Way Of Keeping Profits Up But By Keeping Wages Down.
-David Ricardo
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There Is No Way Of
David Ricardo
There Is No Way Of Keeping Profits Up But By Keeping Wages Down.
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Business
Wages
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There Can Be No Greater Error Then In Supposing That Capital Is Increased By Non-consumption.
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The Farmer And Manufacturer Can No More Live Without Profit Than The Labourer Without Wages.
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The Variation In The Value Of Money, However Great, Makes No Difference In The Rate Of Profits.
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Whenever, Then, The Usual And Ordinary Rate Of The Profits Of Agricultural Stock, And All The Outgoings Belonging To The Cultivation Of Land, Are Together Equal To The Value Of The Whole Produce, There Can Be No Rent.
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Experience, However, Shows That Neither A State Nor A Bank Ever Have [sic] Had The Unrestricted Power Of Issuing Paper Money Without Abusing That Power; In All States, Therefore, The Issue Of Paper Money Ought To Be Under Some Check And Control; And None Seems So Proper For That Purpose As That Of Subjecting The Issuers Of Paper Money To The Obligation Of Paying Their Notes Either In Gold Coin Or Bullion.
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