Given Quote by Nassau William Senior

“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

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Given Objects Precise Quantity Relation Two

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We propose in the following Treatise to give an outline of the Science which treats of the Nature, the Production, and the Distribution of…

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The payment made by a manufacturer to a patentee for the privilege of using the patent process, is usually termed, in commercial language, a…

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The time I trust will come, perhaps within the lives of some of us, when the outline of this science will be clearly made…

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The first, or theoretic branch, that which explains the nature, production, and distribution of wealth, will be found to rest on a very few…

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But that the reasoning from these facts, the drawing from them correct conclusions, is a matter of great difficulty, may be inferred from the…

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That the powers of labour, and of the other instruments which produce wealth, may be indefinitely increased by using their products as the means…

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With respect to the first of these obstacles, it has often been made a matter of grave complaint against Political Economists, that they confine…

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The confounding Political Economy with the Sciences and Arts to which it is subservient, has been one of the principal obstacles to its improvement.

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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

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Our object in these remarks has been not only to account for the slow progress which has as yet been made by Political Economy,…

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The business of a Political Economist is neither to recommend nor to dissuade, but to state general principles, which it is fatal to neglect,…

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One of the worst of errors would be the general admission of the proposition that a Government has no right to interfere for any…

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