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

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Another quote from the 1820s

Twas the night before Christmas, when all through the house
Not a creature was stirring-not even a mouse;
The stockings were hung by the chimney with care,
In hopes that St. Nicholas soon would be there.

Clement Clarke Moore

A Visit from St. Nicholas

Buy the book The Night Before Christmas at Amazon Buy the book The Night Before Christmas at Amazon
Read Twas the Night before Christmas at Project Gutenberg
More information about this quote
Topic
Christmas Eve Christmas

Author

Clement Clarke Moore
Source
A Visit from St. Nicholas
Language
English
Time
1823 1820s 19th century
Authentication Score 3
Original Citation

Moore, Clement Clarke. "Account of a Visit from St. Nicholas." Sentinel, 23 Dec. 1823.

Current Citation

Moore, Clement Clarke. The Night Before Christmas. Applesauce Press, 2011.

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.