Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
Again, most of the chief distinctions marked by economic terms are differences not of kind but of degree.
Alfred Marshall
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Alfred Marshall
Age: 82 †
Born: 1842
Born: January 1
Died: 1924
Died: January 1
Economist
Philosopher
University Teacher
Bermondsey
Surrey
Term
Chief
Kind
Chiefs
Distinction
Degree
Degrees
Terms
Differences
Distinctions
Economic
Marked
More quotes by Alfred Marshall
Consumption may be regarded as negative production.
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.
Alfred Marshall
In common use almost every word has many shades of meaning, and therefore needs to be interpreted by the context.
Alfred Marshall
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
Producer's Surplus is a convenient name for the genus of which the rent of land is the leading species.
Alfred Marshall
All labour is directed towards producing some effect.
Alfred Marshall
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
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.
Alfred Marshall
Knowledge is our most powerful engine of production.
Alfred Marshall
The commercial storm leaves its path strewn with ruin. When it is over there is calm, but a dull, heavy calm.
Alfred Marshall
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.
Alfred Marshall
Civilized countries generally adopt gold or silver or both as money.
Alfred Marshall
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
The most valuable of all capital is that invested in human beings
Alfred Marshall
Though a simple book can be written on selected topics, the central doctrines of economics are not simple and cannot be made so.
Alfred Marshall
The love for money is only one among many.
Alfred Marshall
The most reckless and treacherous of all theorists is he who professes to let facts and figures speak for themselves.
Alfred Marshall
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
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.
Alfred Marshall
Political Economy or Economics is a study of mankind in the ordinary business of life.
Alfred Marshall
