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Slavery was regarded by Aristotle as an ordinance of nature, and so probably was it by the slaves themselves in olden time.
Alfred Marshall
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Alfred Marshall
Age: 82 †
Born: 1842
Born: January 1
Died: 1924
Died: January 1
Economist
Philosopher
University Teacher
Bermondsey
Surrey
Regarded
Slaves
Slavery
Slave
Probably
Olden
Nature
Ordinance
Time
Ordinances
Aristotle
More quotes by 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 in commodities.
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All labour is directed towards producing some effect.
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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.
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The price of every thing rises and falls from time to time and place to place and with every such change the purchasing power of money changes so far as that thing goes.
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The hope that poverty and ignorance may gradually be extinguished derives indeed much support from the steady progress of the working classes during the 19th century.
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All wealth consists of desirable things that is, things which satisfy human wants directly or indirectly: but not all desirable things are reckoned as wealth.
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Though a simple book can be written on selected topics, the central doctrines of economics are not simple and cannot be made so.
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Consumption may be regarded as negative production.
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The most valuable of all capital is that invested in human beings
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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 governed by demand or supply.
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Producer's Surplus is a convenient name for the genus of which the rent of land is the leading species.
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Capital is that part of wealth which is devoted to obtaining further wealth.
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The love for money is only one among many.
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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.
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The most reckless and treacherous of all theorists is he who professes to let facts and figures speak for themselves.
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Again, most of the chief distinctions marked by economic terms are differences not of kind but of degree.
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Knowledge is our most powerful engine of production.
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The commercial storm leaves its path strewn with ruin. When it is over there is calm, but a dull, heavy calm.
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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.
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Civilized countries generally adopt gold or silver or both as money.
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