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A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.
David Ricardo
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"A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money."
— David Ricardo #moneywealth

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A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money. — David Ricardo

About David Ricardo

David Ricardo was a Economist from United Kingdom of Great Britain and Ireland (1772–1823).

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Frequently Asked Questions

Who said "A rise of wages from this cause will, indeed, be invariably accompanied by a ri…"?
This quote is attributed to David Ricardo, a Economist from United Kingdom of Great Britain and Ireland.
When did David Ricardo live?
David Ricardo lived from 1772 – 1823.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.