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All merchandize has the two essential properties of money, to measure and to represent all value: and in this sense all merchandize is money.
Anne-Robert-Jacques Turgot, Baron de Laune
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Anne-Robert-Jacques Turgot, Baron de Laune
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More quotes by Anne-Robert-Jacques Turgot, Baron de Laune
Gold and silver are constituted, by the nature of things, money, and universal money, independent of all convention, and of all laws.
Anne-Robert-Jacques Turgot, Baron de Laune
Scrupulous people are not suited to great affairs.
Anne-Robert-Jacques Turgot, Baron de Laune
All is more or less proper to serve as a common measure, in proportion as it is more or less in general use, of a more similar quality, and more easy to be divided into aliquot parts. All is more or less applicable for the purpose of a general pledge of exchange, in proportion as it is less susceptible of decay or alteration in quantity or quality.
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The expenses of government, having for their object the interest of all, should be borne by everyone, and the more a man enjoys the advantages of society, the more he ought to hold himself honored in contributing to those expenses.
Anne-Robert-Jacques Turgot, Baron de Laune
Every soil does not produce every material.
Anne-Robert-Jacques Turgot, Baron de Laune