It is common to distinguish necessaries, comforts, and luxuries; the first class including all things required to meet wants which must be satisfied, while the latter consist of things that meet wants of a less urgent character. — 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… — Alfred Marshall Copy Share Image
“(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
