Value denotes a relation reciprocally existing between two objects, and the precise relation which it denotes is the quantity of the one which can be obtained in exchange for a given quantity of the other. — Nassau William Senior Copy Share Image
We propose in the following Treatise to give an outline of the Science which treats of the Nature, the Production, and the Distribution of… — Nassau William Senior Copy Share Image
The payment made by a manufacturer to a patentee for the privilege of using the patent process, is usually termed, in commercial language, a… — Nassau William Senior Copy Share Image
The time I trust will come, perhaps within the lives of some of us, when the outline of this science will be clearly made… — Nassau William Senior Copy Share Image
The first, or theoretic branch, that which explains the nature, production, and distribution of wealth, will be found to rest on a very few… — Nassau William Senior Copy Share Image
But that the reasoning from these facts, the drawing from them correct conclusions, is a matter of great difficulty, may be inferred from the… — Nassau William Senior Copy Share Image
That the powers of labour, and of the other instruments which produce wealth, may be indefinitely increased by using their products as the means… — Nassau William Senior Copy Share Image
With respect to the first of these obstacles, it has often been made a matter of grave complaint against Political Economists, that they confine… — Nassau William Senior Copy Share Image
The confounding Political Economy with the Sciences and Arts to which it is subservient, has been one of the principal obstacles to its improvement. — Nassau William Senior Copy Share Image
That every person is desirous to obtain, with as little sacrifice as possible, as much as possible of the articles of wealth. — Nassau William Senior Copy Share Image
Our object in these remarks has been not only to account for the slow progress which has as yet been made by Political Economy,… — Nassau William Senior Copy Share Image
The business of a Political Economist is neither to recommend nor to dissuade, but to state general principles, which it is fatal to neglect,… — Nassau William Senior Copy Share Image
One of the worst of errors would be the general admission of the proposition that a Government has no right to interfere for any… — Nassau William Senior Copy Share Image
