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David Ricardo - Rent Quotes

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For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.

David Ricardo
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Adam Smith, and other able writers to whom I have alluded, not having viewed correctly the principles of rent, have, it appears to me, overlooked many important truths, which can only be discovered after the subject of rent is thoroughly understood.

David Ricardo
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Rent is that portion of the produce of the earth which is paid to the landlord for the use of the original and indestructible powers of the soil.

David Ricardo
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I have already expressed my opinion on this subject in treating of rent, and have now only further to add, that rent is a creation of value, as I understand that word, but not a creation of wealth.

David Ricardo
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Whenever, then, the usual and ordinary rate of the profits of agricultural stock, and all the outgoings belonging to the cultivation of land, are together equal to the value of the whole produce, there can be no rent.

David Ricardo
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It is not by the absolute quantity of produce obtained by either class, that we can correctly judge of the rate of profit, rent, and wages, but by the quantity of labour required to obtain that produce.

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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