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Alfred Marshall Quotes

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Consumption may be regarded as negative production  (Alfred Marshall Quotes) 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 than in commodities  (Alfred Marshall Quotes) The love for money is only one among many  (Alfred Marshall Quotes) The most valuable of all capital is that invested in human beings  (Alfred Marshall Quotes) Knowledge is our most powerful engine of production  (Alfred Marshall Quotes) Civilized countries generally adopt gold or silver or both as money  (Alfred Marshall Quotes) Capital is that part of wealth which is devoted to obtaining further wealth  (Alfred Marshall Quotes) All labour is directed towards producing some effect  (Alfred Marshall Quotes) 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  (Alfred Marshall Quotes) 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 money changes so far as that thing goes  (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 paper, as whether value is governed by demand or supply  (Alfred Marshall Quotes) 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 the virtues of the heroes of old  (Alfred Marshall Quotes) 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 exerted by the way in which it is earned  (Alfred Marshall Quotes) Again, most of the chief distinctions marked by economic terms are differences not of kind but of degree  (Alfred Marshall Quotes) In common use almost every word has many shades of meaning, and therefore needs to be interpreted by the context  (Alfred Marshall Quotes) 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 law  (Alfred Marshall Quotes) 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 at a future time  (Alfred Marshall Quotes) 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  (Alfred Marshall Quotes)