The factors left out of the Ricardian equation are falling wages and idle capacity.
--
Robert Kuttner, The Economic Illusion, Chapter 3, p.102David Ricardo
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There was a comfort in the thought, a strange sort of personal comfort in being able to believe that some intelligence might have solved the riddle of that mysterious equation of the universe. And how, perhaps, that mysterious equation might tie in with the spiritual force that was idealistic brother to time and space and all those other elemental factors that held the universe together.
Clifford D. Simak
Someone told me that each equation I included in the book would halve the sales. I therefore resolved not to have any equations at all. In the end, however, I did put in one equation, Einstein's famous equation, . I hope that this will not scare off half of my potential readers.
Stephen Hawking
We are already well down the road toward a managed-trade regime. It would be far better to acknowledge that reality, and seek a set of reasonable rules, than to pretend that Ricardian trade is the norm and allow mercantilist states to overwhelm U.S. industry and ratchet down wages, in the name of free trade.
Robert Kuttner
Today's scientists have substituted mathematics for experiments, and they wander off through equation after equation, and eventually build a structure which has no relation to reality.
Nikola Tesla
The ways by which you may get money almost without exception lead downward. To have done anything by which you earned money merely is to have been truly idle or worse. If the laborer gets no more than the wages which his employer pays him, he is cheated, he cheats himself.
Henry David Thoreau
Ricardo, David
Rice-Davies, Mandy
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