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"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."
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"The economic base of a nation, is the foundation of the it's secrets."
Author Name
Personal Development
"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."
Author Name
Personal Development
"And it will often happen that a man with wealth in the form of coined money will not have enough to eat, and what a ridiculous kind of wealth is that which even in abundance will not save you from dying with hunger!"
Author Name
Personal Development
"Wealth ... and poverty: the one is the parent of luxury and indolence and the other of meanness and vicious-ness and both of discontent."
Author Name
Personal Development
"If you've got unemployment, low pay, that was just too bad. But that was the system. That was the sort of economy and philosophy against which I was fighting in the 1930s."
Author Name
Personal Development
"U.S. companies earn more from their investments in the EU than in the rest of the world combined."
Author Name
Personal Development
"The E.U. imports more agricultural goods from developing countries around the world than does the U.S., Canada and Japan, combined."
Author Name
Personal Development
"European investment in Texas alone exceeds all U.S. investment in China and Japan put together."
Author Name
Personal Development
"Market economy favors the have against the have not."
Author Name
Personal Development
"They only let us live in millions for the sake of the economy. I don't know what will happen by the time they figure out how to run the economy without the people."
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Personal Development
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"There can be no rise in the value of labour without a fall of profits."
Values
"During the period of capital moving from one employment to another, the profits on that to which capital is flowing will be relatively high, but will continue so no longer than till the requisite capital is obtained."
Will
"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
"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
"If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of that commodity on which it is exercised, as every diminution must lower it."
Economy
"Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods."
Gold
"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
"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
"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
"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
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