#commodities

Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them. ↗

— David Ricardo

#arbitrary #bestowed #capital #commodities #dependent

The artist is seen like a producer of commodities, like a factory that turns our refrigerators. ↗

— Sol LeWitt

#commodities #factory #like #our #producer

Just as modern mass production requires the standardization of commodities, so the social process requires standardization of man, and this standardization is called equality. ↗

— Erich Fromm

#commodities #equality #just #man #mass

Every wise, just, and mild government, by rendering the condition of its subjects easy and secure, will always abound most in people, as well as in commodities and riches. ↗

— David Hume

#always #commodities #condition #easy #every

Now, what produces a want of demand? A refusal to take from other countries the commodities which they produce. ↗

— Joseph Hume

#countries #demand #now #other #other countries

When you look at a commodities market you need hedgers and speculators. If you don't have one, you don't have a market. That's how it works. ↗

— T. Boone Pickens

#how #look #market #need #speculators

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

#been #cases #cause #commodities #confined

If the demand for home commodities should be diminished, because of the fall of rent on the part of the landlords, it will be increased in a far greater degree by the increased opulence of the commercial classes. ↗

— David Ricardo

#classes #commercial #commodities #degree #demand

If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of that commodity on which it is exercised, as every diminution must lower it. ↗

— David Ricardo

#commodities #commodity #diminution #every #exchangeable

The exchangeable value of all commodities, rises as the difficulties of their production increase. ↗

— David Ricardo

#difficulties #exchangeable #exchangeable value #increase #production