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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Another quote from the 1820s

Twas the night before Christmas, when all through the house
Not a creature was stirring-not even a mouse;
The stockings were hung by the chimney with care,
In hopes that St. Nicholas soon would be there.

Clement Clarke Moore

A Visit from St. Nicholas

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Read Twas the Night before Christmas at Project Gutenberg
More information about this quote
Topic
Christmas Eve Christmas

Author

Clement Clarke Moore
Source
A Visit from St. Nicholas
Language
English
Time
1823 1820s 19th century
Authentication Score 3
Original Citation

Moore, Clement Clarke. "Account of a Visit from St. Nicholas." Sentinel, 23 Dec. 1823.

Current Citation

Moore, Clement Clarke. The Night Before Christmas. Applesauce Press, 2011.

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

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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.