“The variation in the value of money, however great, makes no difference in the rate of profits;…”

—  David Ricardo

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter I, On Value, p. 32

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The variation in the value of money, however great, makes no difference in the rate of profits;…" by David Ricardo?
David Ricardo photo
David Ricardo37
British political economist, broker and politician 1772–1823

Related quotes

Adam Smith photo

“A great stock, though with small profits, generally increases faster than a small stock with great profits. Money, says the proverb, makes money. When you have a little, it is often easier to get more. The great difficulty is to get that little.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: The Wealth of Nations (1776), Book I, Chapter IX, p. 111.

Adam Smith photo

“A great stock, though with small profits, generally increases faster than a small stock with great profits. Money, says the proverb, makes money. When you have a little, it is often easier to get more. The great difficulty is to get that little.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: The Wealth of Nations (1776), Book I, Chapter IX, p. 111.

David Ricardo photo

“It has therefore been justly observed that however honestly the coin of a country may conform to its standard, money made of gold and silver is still liable to fluctuations in value, not only to accidental, and temporary, but to permanent and natural variations, in the same manner as other commodities.”

David Ricardo (1772–1823) British political economist, broker and politician

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter III, On the Rent of Mines, p. 47

Richard Stallman photo

“There are tremendous actual differences in values. Some value systems, such as the ones that motivate "honor killings", deserve to be morally condemned and rejected. But there are many other variations in values within the bounds of decency.”

Richard Stallman (1953) American software freedom activist, short story writer and computer programmer, founder of the GNU project

&quot;The Zeitgeist Movement&quot; (2009) https://stallman.org/articles/zeitgeist.html <br class="br">2000s

Arthur Miller photo

“Don't be seduced into thinking that that which does not make a profit is without value.”

Arthur Miller (1915–2005) playwright from the United States

As quoted in Finding Your Bipolar Muse : How to Master Depressive Droughts and Manic Depression (2006) by Lana R. Castle, p. 258

Nina Paley photo

“Mimi: Silencing you because I don’t like what you say is censorship.
Silencing you because I can make more money that way is copyright.
They’re totally different!
Eunice: The profit motive makes it OK.”

Nina Paley (1968) US animator, cartoonist and free culture activist

“Censorship Vs. Copyright” (7 June 2011)
Mimi and Eunice (2010 - present)

Stephen Baxter photo

“He set no great value on money, or, perhaps, to speak properly, he set on it no more than its true value.”

Stephen Baxter (1957) author

Source: Ages in Chaos (2003), Chapter 8, “A cursed country where one has to shape everything out of a block” (p. 68)

John Kenneth Galbraith photo

“The values of a society totally preoccupied with making money are not altogether reassuring.”

John Kenneth Galbraith book The Great Crash, 1929

Source: The Great Crash, 1929 (1954 and 1997 https://openlibrary.org/books/OL25728842M/The_Great_Crash_1929), Chapter V, The Twilight of Illusion, Section IV, p. 76

Democritus photo

“Making money is not without its value, but nothing is baser than to make it by wrong-doing.”

Democritus Ancient Greek philosopher, pupil of Leucippus, founder of the atomic theory

Source Book in Ancient Philosophy (1907), The Golden Sayings of Democritus

David Ricardo photo

“Whether a bank lent one million, ten million, or a hundred millions, they would not permanently alter the market rate of interest; they would alter only the value of the money they issued.”

David Ricardo (1772–1823) British political economist, broker and politician

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter XXVII, Currency and Banks, p. 246

Related topics