Choose language

Forgot your password?

Need a Spoofbox account? Create one for FREE!

No subscription or hidden extras

Login


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.


David Ricardo


#contribute #could #destitute #exchangeable #exchangeable value



Quote by David Ricardo

Read through all quotes from David Ricardo



About David Ricardo

David Ricardo Quotes



Did you know about David Ricardo?

Shiozawa's result saves Mankiw from his slip. Ricardian equivalence
Another idea associated with Ricardo is Ricardian equivalence an argument suggesting that in some circumstances a government's choice of how to pay for its spending (i. The first chapter serves merely as an introduction to a long book that debates an extended series of comparisons and which contrasts the various points of view while outlining Ricardo's own reasoning.

g. He was often credited with systematizing economics and was one of the most influential of the classical economists along with Thomas Malthus Adam Smith and John Stuart Mill.

back to top