Quote from: Money Topic

A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.


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Author Bio


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