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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.

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
Social
Virtues
Stories
Poets
Every
Heroes
Time
Tried
Life
Hero
Enchanting
People
Poet
Nobler
Virtue
Stimulate
Age
Reformers

More quotes by Alfred Marshall

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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.
Alfred Marshall
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Capital is that part of wealth which is devoted to obtaining further wealth.
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Knowledge is our most powerful engine of production.
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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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The most valuable of all capital is that invested in human beings
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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 most reckless and treacherous of all theorists is he who professes to let facts and figures speak for themselves.
Alfred Marshall
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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.
Alfred Marshall
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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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Every short statement about economics is misleading (with the possible exception of my present one).
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Civilized countries generally adopt gold or silver or both as money.
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Political Economy or Economics is a study of mankind in the ordinary business of life.
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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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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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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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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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Producer's Surplus is a convenient name for the genus of which the rent of land is the leading species.
Alfred Marshall
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All labour is directed towards producing some effect.
Alfred Marshall
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It is common to distinguish necessaries, comforts, and luxuries the first class including all things required to meet wants which must be satisfied, while the latter consist of things that meet wants of a less urgent character.
Alfred Marshall
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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 future time.
Alfred Marshall