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"But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed."
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"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."
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Personal Development
"Economic growth cannot only be restricted to a few cities and a few citizens. Development has to be all-round and all-inclusive."
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Personal Development
"Belonging to the working class is the economy's punishment for those who did what they were told to do in class."
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Personal Development
"Employment is the biggest form of slavery."
Author Name
Personal Development
"Because of the power that we have given money: The government would rather have taxpayers who do not vote, than voters who do not pay tax."
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Personal Development
"Not every single broke and unemployed person needs a job, some need customers."
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Personal Development
"That some should be rich shows that others may become rich and hence is just encouragement to industry and enterprise."
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Personal Development
"A reputation for money is almost as negotiable as money itself."
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Personal Development
"A poor man knows the true value of money and will not dare waste it, but a rich man is extravagant and always looking for an opportunity to empty his pockets."
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Personal Development
"The United States dollar took another pounding on German, French and British exchanges this morning, hitting the lowest point ever known in West Germany."
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Personal Development
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"If then the prosperity of the commercial classes, will most certainly lead to accumulation of capital, and the encouragement of productive industry; these can by no means be so surely obtained as by a fall in the price of corn."
Encouragement
"Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them."
Gold
"There can be no rise in the value of labour without a fall of profits."
Values
"In stating the principles which regulate exchangeable value and price, we should carefully distinguish between those variations which belong to the commodity itself, and those which are occasioned by a variation in the medium in which value is estimated, or price expressed."
Economy
"But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed."
Economy
"Profits might also increase, because improvements might take place in agriculture, or in the implements of husbandry, which would augment the produce with the same cost of production."
Agriculture
"After all the fertile land in the immediate neighbourhood of the first settlers were cultivated, if capital and population increased, more food would be required, and it could only be procured from land not so advantageously situated."
Food
"It is not by the absolute quantity of produce obtained by either class, that we can correctly judge of the rate of profit, rent, and wages, but by the quantity of labour required to obtain that produce."
Economy
"The proportions, too, in which the capital that is to support labour, and the capital that is invested in tools, machinery and buildings, may be variously combined."
Finance
"A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money."
Money
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