Political Economy or Economics is a study of mankind in the ordinary business of life. — Alfred Marshall Copy Share Image
I admit that these terms and the diagrams connected with them repel some readers, and fill others with the vain imagination that they have mastered difficult economics problems, when really they have done little more than learn the language in which parts of those problems can be expressed, and the machinery by which they can be handled. When the actual… — Alfred Marshall Copy Share
“(1) Use mathematics as shorthand language, rather than as an engine of inquiry. (2) Keep to them till you have done. (3) Translate into… — Alfred Marshall Copy Share Image
The price of every thing rises and falls from time to time and place to place; and with every such change the purchasing power… — Alfred Marshall Copy Share Image
Nature's action is complex: and nothing is gained in the long run by pretending that it is simple, and trying to describe it in… — Alfred Marshall Copy Share Image
All wealth consists of desirable things; that is, things which satisfy human wants directly or indirectly: but not all desirable things are reckoned as… — Alfred Marshall Copy Share Image
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… — Alfred Marshall Copy Share Image
In common use almost every word has many shades of meaning, and therefore needs to be interpreted by the context. — Alfred Marshall Copy Share Image
The hope that poverty and ignorance may gradually be extinguished derives indeed much support from the steady progress of the working classes during the… — Alfred Marshall Copy Share Image
Though a simple book can be written on selected topics, the central doctrines of economics are not simple and cannot be made so. — Alfred Marshall Copy Share Image
The hope that poverty and ignorance may gradually be extinguished, derives indeed much support from the steady progress of the working classes during the… — Alfred Marshall Copy Share Image
Again, most of the chief distinctions marked by economic terms are differences not of kind but of degree. — Alfred Marshall Copy Share Image
