Alfred Marshall Quotes

The hope that poverty and ignorance may gradually be extinguished, derives indeed much support from the steady progress of the working classes during the nineteenth century... view

By: Alfred Marshall

Slavery was regarded by Aristotle as an ordinance of nature, and so probably was it by the slaves themselves in olden time... view

By: Alfred Marshall

Producer's Surplus is a convenient name for the genus of which the rent of land is the leading species... view

By: Alfred Marshall

Material goods consist of useful material things, and of all rights to hold, or use, or derive benefits from material things, or to receive them at a future time... view

By: Alfred Marshall

It is common to distinguish necessaries, comforts, and luxuries.. view

By: Alfred Marshall

In every age poets and social reformers have tried to stimulate the people of their own time to a nobler life by enchanting stories of the virtues of the heroes of old... view

By: Alfred Marshall

In common use almost every word has many shades of meaning, and therefore needs to be interpreted by the context... view

By: Alfred Marshall

Civilized countries generally adopt gold or silver or both as money... view

By: Alfred Marshall

The price of every thing rises and falls from time to time and place to place.. view

By: Alfred Marshall

Consumption may be regarded as negative production... view

By: Alfred Marshall

But if inventions have increased man's power over nature very much, then the real value of money is better measured for some purposes in labour than in commodities... view

By: Alfred Marshall

And very often the influence exerted on a person's character by the amount of his income is hardly less, if it is less, than that exerted by the way in which it is earned... view

By: Alfred Marshall

In the absence of any short term in common use to represent all desirable things, or things that satisfy human wants, we may use the term Goods for that purpose... view

By: Alfred Marshall

All wealth consists of desirable things.. view

By: Alfred Marshall

Individual and national rights to wealth rest on the basis of civil and international law, or at least of custom that has the force of law... view

By: Alfred Marshall

Capital is that part of wealth which is devoted to obtaining further wealth... view

By: Alfred Marshall

Again, most of the chief distinctions marked by economic terms are differences not of kind but of degree... view

By: Alfred Marshall

All labour is directed towards producing some effect... view

By: Alfred Marshall