There is no way of keeping profits up but by keeping wages down.

David Ricardo

More information about this quote

Topic

Wages Labor Profits Zero sum thinking Capitalism Economic theory

Author

David Ricardo

Source

On Protection to Agriculture

Medium

Essay

Genre

Economic literature

Language

English

Time

1822 1820s 19th century

Occupation

Economist Writer

From

United Kingdom Europe

Authentication Score 3

Citation

Ricardo, David. On Protection to Agriculture. London: John Murray, 1822.

Illustrated Quote

A quote by David Ricardo about wages: “There is no way of keeping profits up but by keeping wages down.”
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A quote by David Ricardo about wages: “There is no way of keeping profits up but by keeping wages down.”
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A quote by David Ricardo about wages: “There is no way of keeping profits up but by keeping wages down.”
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Related Quotes

Below are one or more quotes that share at least one tag with the quote at the top of the page

Another quote from the 1820s

There is a silence where hath been no sound,
There is a silence where no sound may be,
In the cold grave-under the deep, deep sea.

Thomas Hood

Silence

More information about this quote
Topic
Silence Death

Author

Thomas Hood
Source
Silence
Medium
Poem
Language
English
Time
1827 1820s 19th century
Authentication Score 3
Original Citation

Hood, Thomas. "Silence." The Plea of the Midsummer Fairies, Hero and Leander, Lycus the Centaur and Other Poems. London: Longman, Rees, Orme, Brown, and Green/Philadelphia: E. Littell, 1827.

Current Citation

Hood, Thomas. "Silence." Selected Poems of Thomas Hood. Harvard University Press, 1970.

Another quote about Capitalism

The opening up of new markets, foreign or domestic, and the organizational development from the craft shop and factory to such concerns as U.S. Steel illustrate the same process of industrial mutation...That incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one. This process of Creative Destruction is the essential fact about capitalism.

Joseph Schumpeter

Capitalism, Socialism, and Democracy

Buy Capitalism, Socialism, and Democracy at Amazon Buy Capitalism, Socialism, and Democracy at Amazon
More information about this quote
Topic
Capitalism

Author

Joseph Schumpeter
Source
Capitalism, Socialism, and Democracy
Genre
Economic literature Historical literature
Language
English
Time
1942 1940s 20th century
Authentication Score 3
Citation

Schumpeter, Joseph Alois. Capitalism, Socialism, and Democracy. Harper & Brothers, 1942, pt. 2, ch. 7.