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

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

In the desert there is all-and yet nothing…God is there and man is not.

Honoré de Balzac

La Comédie humaine

Read A Passion in the Desert at Project Gutenberg
More information about this quote
Topic
The desert

Author

Honoré de Balzac
Source
A Passion in the Desert La Comédie humaine
Medium
Novel
Language
French
Time
1830 1820s 19th century
Authentication Score 2
Citation

De Balzac, Honoré. "Une passion dans le desert [A Passion in the Desert]." Revue de Paris, 26 Dec. 1830.

Another quote about Capitalism

It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.

Adam Smith

The Wealth of Nations

Buy The Wealth of Nations Books 1-3 at Amazon Buy The Wealth of Nations Books 1-3 at Amazon
Read The Wealth of Nations at Project Gutenberg
More information about this quote
Topic
Self-interest Free market Capitalism

Author

Adam Smith
Source
The Wealth of Nations
Genre
Economic literature
Language
English
Time
1776 1770s 18th century
Authentication Score 2
Original Citation

Smith, Adam. The Wealth of Nations. Vol. 1, London: W. Strahan and T. Cadell, 1776, bk. 1, ch. 2.

Current Citation

Smith, Adam. The Wealth of Nations, edited by Edwin Cannan. The Modern Library, bk. 1, ch. 2.