Alfred Marshall quotes: wise famous quotes, sayings and quotations by Alfred Marshall

Alfred Marshall Famous Quotes & Sayings

Discover top inspirational quotes from Alfred Marshall on Wise Famous Quotes.

Producer's Surplus is a convenient name for the genus of which the rent of land is the leading species.

The commercial storm leaves its path strewn with ruin. When it is over there is calm, but a dull, heavy calm.

Every short statement about economics is misleading (with the possible exception of my present one).

Knowledge is our most powerful engine of production.

Consumption may be regarded as negative production.

Political Economy or Economics is a study of mankind in the ordinary business of life.

The most valuable of all capital is that invested in human beings

Capital is that part of wealth which is devoted to obtaining further wealth.

All labour is directed towards producing some effect.

Though a simple book can be written on selected topics, the central doctrines of economics are not simple and cannot be made so.

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

The love for money is only one among many.

The most reckless and treacherous of all theorists is he who professes to let facts and figures speak for themselves.

Slavery was regarded by Aristotle as an ordinance of nature, and so probably was it by the slaves themselves in olden time.

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.

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

Civilized countries generally adopt gold or silver or both as money.