Alfred Marshall Quotes & Sayings (Page 2)

“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 in commodities.”

“In the absence of any short term in common use to represent all desirable things, or things that satisfy human wants, we may use the term Goods for that purpose.”

“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.”

“All labour is directed towards producing some effect.”

“In every age poets and social reformers have tried to stimulate the people of their own time to a nobler life by enchanting stories of the virtues of the heroes of old.”

“And very often the influence exerted on a person's character by the amount of his income is hardly less, if it is less, than that exerted by the way in which it is earned.”