Quote 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.


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Author Bio


  • NameDavid Ricardo
  • DescriptionBritish political economist
  • BornApril 19, 1772
  • DiedSeptember 11, 1823
  • CountryUnited Kingdom
  • ProfessionEconomist; Stockbroker; Philosopher; Politician