"If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification, - it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it."

Values, Quantity, Value, Words

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"If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification, - it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it."

Exlpore more Values quotes

"Do not depreciate a creation of God."

Sunday Adelaja, Nigerian Author

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"You were endowed with the treasure of time so that you could buy greatness with it."

Sunday Adelaja, Nigerian Author

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"There is worth everywhere and in everything we see."

Sunday Adelaja, Nigerian Author

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"The value of a substance is the product of the time spent to achieve it."

Sunday Adelaja, Nigerian Author

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"The sweetest apples are eaten first."

Matshona Dhliwayo, Zimbabwean Philosopher

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"You are beloved; even if you were the last person on earth, the sun would rise for you."

Matshona Dhliwayo, Zimbabwean Philosopher

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"If you want to know the value of half a second, ask the person who came second in a sprint event at the Olympics."

Sunday Adelaja, Nigerian Author

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"Integrity is the recognition of the fact that you cannot fake your consciousness, just as honesty is the recognition of the fact that you cannot fake existence."

Ayn Rand, Russian Writer

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"Always spend your time adding value to your life."

Sunday Adelaja, Nigerian Author

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"Time is the wealth through which everything comes into existence."

Sunday Adelaja, Nigerian Author

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Explore more quotes by David Ricardo

"Gold and silver are no doubt subject to fluctuations, from the discovery of new and more abundant mines; but such discoveries are rare, and their effects, though powerful, are limited to periods of comparatively short duration."

Discovery, Doubt, Gold

"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, Principles, Value

"The exchangeable value of all commodities, rises as the difficulties of their production increase."

Economy, Difficulties, Production, Value

"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, Wages

"In comparing therefore the value of the same commodity, at different periods of time, the consideration of the comparative skill and intensity of labour, required for that particular commodity, needs scarcely to be attended to, as it operates equally at both periods."

Time, Consideration, Needs, Skill

"The facility of obtaining food is beneficial in two ways to the owners of capital, it at the same time raises profits and increases the amount of consumable commodities."

Food, Time

"By far the greatest part of those goods which are the objects of desire, are procured by labour; and they may be multiplied, not in one country alone, but in many, almost without any assignable limit, if we are disposed to bestow the labour necessary to obtain them."

Nation, Country, Desire, May

"If the demand for home commodities should be diminished, because of the fall of rent on the part of the landlords, it will be increased in a far greater degree by the increased opulence of the commercial classes."

Home, Will

"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."

Finance, May

"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, Class, Profit, Quantity, Wages