All Alfred Marshall Quotes
- We might as well reasonably dispute whether it is the upper or the under blade of a pair of scissors that cuts a piece of… Blade
- 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… Actual
- Capital is that part of wealth which is devoted to obtaining further wealth. Capital
- The hope that poverty and ignorance may gradually be extinguished derives indeed much support from the steady progress of the working classes during the 19th… Century
- The most valuable of all capital is that invested in human beings All
- All labour is directed towards producing some effect. All
- All wealth consists of desirable things; that is, things which satisfy human wants directly or indirectly: but not all desirable things are reckoned as wealth. All
- 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… Amount
- 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… Better
- Consumption may be regarded as negative production. Consumption
- 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… Absence
- Knowledge is our most powerful engine of production. Engine
- Slavery was regarded by Aristotle as an ordinance of nature, and so probably was it by the slaves themselves in olden time. Aristotle
- 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… Age
- Producer's Surplus is a convenient name for the genus of which the rent of land is the leading species. Convenient
- Again, most of the chief distinctions marked by economic terms are differences not of kind but of degree. Chief
- In common use almost every word has many shades of meaning, and therefore needs to be interpreted by the context. Almost Every
- 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… All
- 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… All
- 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… Bases
- The price of every thing rises and falls from time to time and place to place; and with every such change the purchasing power of… Change
- Civilized countries generally adopt gold or silver or both as money. Adopt
- 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