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Nassau William Senior Quotes

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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 Wealth. To that Science we give the name of Political Economy  (Nassau William Senior Quotes) The time I trust will come, perhaps within the lives of some of us, when the outline of this science will be clearly made out and generally recognised, when its nomenclature will be fixed, and its principles form a part of elementary instruction  (Nassau William Senior Quotes) To abstain from the enjoyment which is in our power, or to seek distant rather than immediate results, are among the most painful exertions of the human will  (Nassau William Senior Quotes) 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 Quotes) That the powers of labour, and of the other instruments which produce wealth, may be indefinitely increased by using their products as the means of further production  (Nassau William Senior Quotes) The first, or theoretic branch, that which explains the nature, production, and distribution of wealth, will be found to rest on a very few general propositions, which are the result of observation, or consciousness  (Nassau William Senior Quotes) The payment made by a manufacturer to a patentee for the privilege of using the patent process, is usually termed, in commercial language, a rent; and under the same head must be ranked all extraordinary qualities of body and mind  (Nassau William Senior Quotes) 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 Quotes)