Occupation: Economist Birth: January 5, 1767 Death: November 15, 1832
Still how unenlightened and ignorant are the very nations we term civilized!.
The theory of interest was wrapped in utter obscurity, until Hume and Smith dispelled the vapor..
If the community wish to have the benefit of more knowledge and intelligence in the labouring classes, it must dispense it at the public charge..
At Newfoundland, it is said, that dried cod performs the office of money.
To have never done anything but make the eighteenth part of a pin, is a sorry account for a human being to give of his existence..
Freedoms and apprenticeships are likewise expedients of police,not of that wholesome branch of police, whose object is the maintenance of the public ….
The wants of mankind are supplied and satisfied out of the gross values produced and created, and not out of the net values only..
Capital must work, as it were, in concert with industry; and this concurrence is what I call the productive agency of capital..
capital cannot be more beneficially employed, then in strengthening and aiding the productive powers of nature..
But, is it possible for princes and ministers to be enlightened, when private individuals are not so?.
With respect to the present time, there are few persons who unite the qualifications of good observers with a situation favourable for accurate obser….
The occupation of the stock-jobber yields no new or useful product; consequently having no product of his own to give in exchange, he has no revenue ….
A treasure does not always contribute to the political security of its possessors. It rather invites attack, and very seldom is faithfully applied to….
Some writers maintain arithmetic to be only the only sure guide in political economy; for my part, I see so many detestable systems built upon arithm….
The luxury of ostentation affords a much less substantial and solid gratification, than the luxury of comfort, if I may be allowed the expression..
A much larger value is consumed in lettuces than in pineapples,throughout Europe at large; and the superb shawls of Cachemere are, in France, a very ….
Nothing can be more idle than the opposition of theory to practice!.
Valuation is vague and arbitrary, when there is no assurance that it will be generally acquiesced in by others..
Law has been unjustly charged with the whole blame of the calamities resulting from the scheme that bears his name..
The quantity of money, which is readily parted with to obtain a thing is called its price..
Political economy has only become a science since it has been confined to the results of inductive investigation..