Convenient Quote by Alfred Marshall

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

“(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

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

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

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

Knowledge is our most powerful engine of production.

— 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…

— Alfred Marshall

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

— Alfred Marshall

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

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

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

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

— Alfred Marshall