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

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Another quote from the 1820s

A great chess-player is not a great man, for he leaves the world as he found it. No act terminating in itself constitutes greatness.

William Hazlitt

More information about this quote
Topic
Chess Great men

Author

William Hazlitt
Language
English
Time
1821 1820s 19th century
Authentication Score 3
Original Citation

Hazlitt, William. "The Indian Jugglers." Table-Talk; Or, Original Essays. Vol. 1, London: John Warren, 1821.

Current Citation

Hazlitt, William. "The Indian Jugglers." The Spirit of Controversy and Other Essays, edited by Jon Mee and James Grande. Oxford University Press, 2021.

Another quote about Capitalism

Remember that Time is Money.

Benjamin Franklin

The American Instructor: or Young Man's Best Companion

Read Advice to a Young Tradesman at the National Archives website
More information about this quote
Topic
Time is money Capitalism Efficiency

Author

Benjamin Franklin
Source
Advice to a Young Tradesman The American Instructor: or Young Man's Best Companion
Medium
Essay
Statement Type
Proverbs, aphorisms and adages
Language
English
Time
1748 1740s 18th century
Era
Colonial America
Authentication Score 2
Original Citation

Franklin, Benjamin. "Advice to a Young Tradesman." The American Instructor: or Young Man's Best Companion. Philadelphia: George Fisher, 1748.

Current Citation

Franklin, Benjamin. "Advice to a Young Tradesman." Benjamin Franklin: Silence Dogood, The Busy-Body and Early Writings, edited by J. A. Leo Lemay. Library of America, 2005.