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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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Alfred Marshall
Age: 82 †
Born: 1842
Born: January 1
Died: 1924
Died: January 1
Economist
Philosopher
University Teacher
Bermondsey
Surrey
Land
Surplus
Names
Rent
Convenient
Producer
Leading
Producers
Species
Name
Genus

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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.
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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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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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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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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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Every short statement about economics is misleading (with the possible exception of my present one).
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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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Political Economy or Economics is a study of mankind in the ordinary business of life.
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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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All labour is directed towards producing some effect.
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Consumption may be regarded as negative production.
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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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Civilized countries generally adopt gold or silver or both as money.
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In common use almost every word has many shades of meaning, and therefore needs to be interpreted by the context.
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The love for money is only one among many.
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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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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.
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Knowledge is our most powerful engine of production.
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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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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.
Alfred Marshall