"Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods."

Gold, Quantity, Water, Will

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"Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods."

Exlpore more Gold quotes

"The battles that count aren't the ones for gold medals. The struggles within yourself - the invisible, inevitable battles inside all of us - that's where it's at."

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"I've spent, I think, close to the last decade effortlessly and magically converting your tin cans into pure gold."

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"If you hit a midget on the head with a stick, he turns into 40 gold coins."

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"O accursed hunger of gold, to what dost thou not compel human hearts!"

Virgil, Roman Poet

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Arthur Schopenhauer, German Philosopher

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"Brass shines as fair to the ignorant as gold to the goldsmiths."

Elizabeth I, English Royalty

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"A man that hoards up riches and enjoys them not, is like an ass that carries gold and eats thistles."

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Explore more quotes by David Ricardo

"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

"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

"If we were left to ourselves, unfettered by legislative enactments, we should gradually withdraw our capital from the cultivation of such lands, and import the produce which is at present raised upon them."

Present

"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

"In 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."

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"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."

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"The rise or fall of wages is common to all states of society, whether it be the stationary, the advancing, or the retrograde state."

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"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."

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"There can be no rise in the value of labour without a fall of profits."

Values

"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."

Money