The farmer and manufacturer can no more live without profit… - David Ricardo

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The farmer and manufacturer can no more live without profit than the labourer without wages.

David Ricardo

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About David Ricardo

David Ricardo (19 April 1772 – 11 September 1823) was an English political economist, often credited with systematizing economics, and was one of the most influential of the classical economists. He was also a member of Parliament, businessman, financier and speculator.

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Henry Hazlitt Jean-Baptiste Say Thomas Robert Malthus Adam Smith Karl Marx

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The wheat bought by a farmer to sow is comparatively a fixed capital to the wheat purchased by a baker to make into loaves.

If a tax on malt would raise the price of beer, a tax on bread must raise the price of bread.

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.

The farmer and manufacturer can no more live without profit than the labourer without wages. - David Ricardo

About David Ricardo

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