There is no way of keeping profits up but by keeping wages down.

David Ricardo

More information about this quote

Topic

Wages Labor Profits Zero sum thinking Capitalism Economic theory

Author

David Ricardo

Source

On Protection to Agriculture

Medium

Essay

Genre

Economic literature

Language

English

Time

1822 1820s 19th century

Occupation

Economist Writer

From

United Kingdom Europe

Authentication Score 3

Citation

Ricardo, David. On Protection to Agriculture. London: John Murray, 1822.

Illustrated Quote

A quote by David Ricardo about wages: “There is no way of keeping profits up but by keeping wages down.”
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A quote by David Ricardo about wages: “There is no way of keeping profits up but by keeping wages down.”
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A quote by David Ricardo about wages: “There is no way of keeping profits up but by keeping wages down.”
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Related Quotes

Below are one or more quotes that share at least one tag with the quote at the top of the page

Another quote from the 1820s

There's not a string attuned to mirth
But has its chord in melancholy.

Thomas Hood

Ode to Melancholy

More information about this quote
Topic
Yin and yang Melancholy

Author

Thomas Hood
Source
Ode to Melancholy
Language
English
Time
1827 1820s 19th century
Authentication Score 3
Original Citation

Hood, Thomas. "Ode to Melancholy." The Plea of the Midsummer Fairies, Hero and Leander, Lycus the Centaur and Other Poems. London: Longman, Rees, Orme, Brown, and Green/Philadelphia: E. Littell, 1827.

Current Citation

Hood, Thomas. "Ode to Melancholy." Selected Poems of Thomas Hood. Harvard University Press, 1970.

Another quote about Capitalism

Laissez faire does not mean: Let soulless mechanical forces operate. It means: Let each individual choose how he wants to cooperate in the social division of labor; let the consumers determine what the entrepreneurs should produce. Planning means: Let the government alone choose and enforce its rulings by the apparatus of coercion and compulsion.

Ludwig von Mises

Human Action: A Treatise on Economics

More information about this quote
Topic
Free market Capitalism

Author

Ludwig von Mises
Source
Human Action: A Treatise on Economics
Genre
Economical literature Political literature
Language
English
Time
1949 1940s 20th century
Authentication Score 3
Citation

Von Mises, Ludwig. Human Action: A Treatise on Economics. Yale University Press, 1949, ch. 27.