Nature's action is complex: and nothing is gained in the long run by pretending that it is simple, and trying to describe it in a series of elementary propositions.
All wealth consists of desirable things; that is, things which satisfy human wants directly or indirectly: but not all desirable things are reckoned … - Alfred Marshall
All wealth consists of desirable things; that is, things which satisfy human wants directly or indirectly: but not all desirable things are reckoned …
- Alfred Marshall
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 … - Alfred Marshall
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 …
Every short statement about economics is misleading (with the possible exception of my present one). - Alfred Marshall
Every short statement about economics is misleading (with the possible exception of my present one).
In common use almost every word has many shades of meaning, and therefore needs to be interpreted by the context. - Alfred Marshall
In common use almost every word has many shades of meaning, and therefore needs to be interpreted by the context.
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 … - Alfred Marshall
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 …
The love for money is only one among many. - Alfred Marshall
The love for money is only one among many.
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… - Alfred Marshall
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…
Civilized countries generally adopt gold or silver or both as money. - Alfred Marshall
Civilized countries generally adopt gold or silver or both as money.
Political Economy or Economics is a study of mankind in the ordinary business of life. - Alfred Marshall
Political Economy or Economics is a study of mankind in the ordinary business of life.
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