“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.”

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter II, On Rent, p. 41

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David Ricardo37

British political economist, broker and politician 1772–1823

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“LABOUR, like all other things which are purchased and sold, and which may be increased or diminished in quantity, has its natural and its market price. The natural price of labour is that price which is necessary to enable the labourers, on with another, to subsist and to perpetuate their race, without either increase or diminution.”

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“In general it may be said that demand is quite as necessary to the increase of capital as the increase of capital is to demand.”

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“One of the main purposes of dreaming, therefore, is to increase man’s pleasure, which means to increase the quality of living itself.”

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“When profit diminishes, merchants are very apt to complain that trade decays; though the diminution of profit is the natural effect of its prosperity, or of a greater stock being employed in it than before.”

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“He was always before men’s eyes; a course of action which, by increasing our familiarity with great men, diminishes our respect for them.”

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