In comparing therefore the value of the same commodity, at different periods of time, the consideration of the comparative skill and intensity of labour, required for that particular commodity, needs scarcely to be attended to, as it operates equally at both periods. (David Ricardo)

In comparing therefore the value of the same commodity, at different periods of time, the consideration of the comparative skill and intensity of labour, required for that particular commodity, needs scarcely to be attended to, as it operates equally at both periods.

David Ricardo

Related topics

commodity comparative comparing consideration different intensity needs particular skill time value labour

Related quotes

In the modern world we have invented ways of speeding up invention, and people's lives change so fast that a person is born into one kind of world, grows up in another, and by the time his children are growing up, lives in still a different world.
Margaret Mead
On the other hand, the waging of peace as a science, as an art, is in its infancy. But we can trace its growth, its steady progress, and the time will come when there will be particular individuals designated to assume responsibility for and leadership of this movement.
Fredrik Bajer
To know is not too demanding: it merely requires memory and time. But to understand is quite a different matter: it requires intellectual ability and training, a self conscious awareness of what one is doing, experience in techniques of analysis and synthesis, and above all, perspective.
Carroll Quigley
Philosophers are never quite sure what they are talking about - about what the issues really are - and so often it takes them rather a long time to recognize that someone with a somewhat different approach (or destination, or starting point) is making a contribution.
Daniel Dennett
So much of our lives is given over to the consideration of our imperfections that there is no time to improve our imaginary virtues. The truth is we only perfect our vices, and man is a worse creature when he dies than he was when he was born.
Edward Dahlberg