We propose in the following Treatise to give an outline of the Science which treats of the Nature, the Production, and the Distribution of Wealth. To…

- Nassau William Senior

But that the reasoning from these facts, the drawing from them correct conclusions, is a matter of great difficulty, may be inferred from the imperfe…

- Nassau William Senior

To abstain from the enjoyment which is in our power, or to seek distant rather than immediate results, are among the most painful exertions of the hu…

- Nassau William Senior

The payment made by a manufacturer to a patentee for the privilege of using the patent process, is usually termed, in commercial language, a rent; an…

- Nassau William Senior

The state, by relieving idleness, improvidence, or misconduct from punishment, and depriving abstinence and foresight of the reward, which have been …

- Nassau William Senior

The time I trust will come, perhaps within the lives of some of us, when the outline of this science will be clearly made out and generally recognise…

- Nassau William Senior

One of the worst of errors would be the general admission of the proposition that a Government has no right to interfere for any purpose except for t…

- Nassau William Senior

Value denotes a relation reciprocally existing between two objects, and the precise relation which it denotes is the quantity of the one which can be…

- Nassau William Senior

The business of a Political Economist is neither to recommend nor to dissuade, but to state general principles, which it is fatal to neglect, but nei…

- Nassau William Senior