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David Ricardo - Demand Quotes

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But it is clear that the price of labour has no necessary connection with the price of food, since it depends entirely on the supply of labourers compared with the demand.

David Ricardo
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The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.

David Ricardo
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Population regulates itself by the funds which are to employ it, and therefore always increases or diminishes with the increase or the diminution of capital. Every reduction of capital is therefore necessarily followed by a less effective demand for corn, by a fall in price, and by diminished cultivation.

David Ricardo
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The demand for money is regulated entirely by its value, and its value by its quantity.

David Ricardo

Quote of the day

One of the first signs of the beginnings of understanding is the wish to die. This life appears unbearable, another unattainable. One is no longer ashamed of wanting to die; one asks to be moved from the old cell, which one hates, to a new one, which one will only in time come to hate.
Franz Kafka

David Ricardo

David Ricardo
Creative Commons

Born: April 18, 1772
Died: September 11, 1823 (aged 51)
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