Occupation: Economist Birth: January 5, 1767 Death: November 15, 1832
All those who, since Adam Smith, have turned their attention to Political Economy, agree that in reality we do not buy articles of consumption with m….
In times of political confusion, and under an arbitrary government, many will prefer to keep their capital inactive, concealed, and unproductive, eit….
The best scheme of finance is, to spend as little as possible; and the best tax is always the lightest..
The difficulty lies, not in finding a producer, but in finding a consumer..
Demand and supply are the opposite extremes of the beam, whence depend the scales of dearness and cheapness; the price is the point of equilibrium, w….
The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield..
The manner in which things exist and take place, constitutes what is called the nature of things; and a careful observation of the nature of things i….
One product is always ultimately bought with another, even when paid for in the first instance with money..
I have made no distinction between the circulation of goods and of money, because there really is none..
An uniformity of weights and measures, arranged upon mathematical principles, would be a benefit to the whole commercial world, if it were wise enoug….
What can we expect from nations still less advanced in civilization than the Greeks?.
A shop-keeper in good business is quite as well off as a pedlar that travels the country with his wares on his back. Commercial jealousy is, after al….
Nothing is more dangerous in practice, than an obstinate, unbending adherence to a system, particularly in its application to the wants and errors of….
No human being has the faculty of originally creating matter, which is more than nature itself can do. But any one may avail himself of the agents of….
Every individual, from the common mechanic, that works in wood or clay, to the prime minister that regulates with the dash of his pen the agriculture….
And let no government imagine, that, to strip them of the power of defrauding their subjects, is to deprive them of a valuable privilege. A system of….
The ancients, by their system of colonization, made themselves friends all over the known world; the moderns have sought to make subjects, and theref….
If one individual, or one class, can call in the aid of authority to ward off the effects of competition, it acquires a privilege and at the cost of ….
The property a man has in his own industry, is violated, whenever he is forbidden the free exercise of his faculties or talents, except insomuch as t….
When a tree, a natural product, is felled, is society put into possession of no greater produce than that of the mere labour of the woodman?.
The United States will have the honour of proving experimentally, that true policy goes hand in hand with moderation and humanity..