Famous Quotes & Sayings

Alfred Marshall Quotes & Sayings

Enjoy the top 31 famous quotes, sayings and quotations by Alfred Marshall.

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Famous Quotes By Alfred Marshall

Alfred Marshall Quotes 138707

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

Alfred Marshall Quotes 350109

In common use almost every word has many shades of meaning, and therefore needs to be interpreted by the context. — Alfred Marshall

Alfred Marshall Quotes 1835995

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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All labour is directed towards producing some effect. — Alfred Marshall

Alfred Marshall Quotes 2160926

Producer's Surplus is a convenient name for the genus of which the rent of land is the leading species. — Alfred Marshall

Alfred Marshall Quotes 721967

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

Alfred Marshall Quotes 396355

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. — Alfred Marshall

Alfred Marshall Quotes 1380677

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

Alfred Marshall Quotes 1381121

I admit that these terms and the diagrams connected with them repel some readers, and fill others with the vain imagination that they have mastered difficult economics problems, when really they have done little more than learn the language in which parts of those problems can be expressed, and the machinery by which they can be handled. When the actual conditions of particular problems have not been studied, such knowledge is little better than a derrick for sinking oil-wells erected where there are no oil-bearing strata. — Alfred Marshall

Alfred Marshall Quotes 1654842

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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Civilized countries generally adopt gold or silver or both as money. — Alfred Marshall

Alfred Marshall Quotes 1686752

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

Alfred Marshall Quotes 1689524

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

Alfred Marshall Quotes 1960799

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

Alfred Marshall Quotes 2012350

The love for money is only one among many. — Alfred Marshall

Alfred Marshall Quotes 2105388

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

Alfred Marshall Quotes 2110838

The hope that poverty and ignorance may gradually be extinguished, derives indeed much support from the steady progress of the working classes during the nineteenth century. — Alfred Marshall

Alfred Marshall Quotes 2167771

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

Alfred Marshall Quotes 2200810

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. — Alfred Marshall

Alfred Marshall Quotes 1618488

The laws of economics are to be compared with the laws of the tides, rather than with the simple and exact law of gravitation. For the actions of men are so various and uncertain, that the best statement of tendencies, which we can make in a science of human conduct, must needs be inexact and faulty. — Alfred Marshall

Alfred Marshall Quotes 1518687

(1) Use mathematics as shorthand language, rather than as an engine of inquiry. (2) Keep to them till you have done. (3) Translate into English. (4) Then illustrate by examples that are important in real life (5) Burn the mathematics. (6) If you can't succeed in 4, burn 3. This I do often. — Alfred Marshall

Alfred Marshall Quotes 1467278

Capital is that part of wealth which is devoted to obtaining further wealth. — Alfred Marshall

Alfred Marshall Quotes 1299884

Again, most of the chief distinctions marked by economic terms are differences not of kind but of degree. — Alfred Marshall

Alfred Marshall Quotes 1132940

Every short statement about economics is misleading (with the possible exception of my present one). — Alfred Marshall

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Knowledge is our most powerful engine of production. — Alfred Marshall

Alfred Marshall Quotes 1007342

The most reckless and treacherous of all theorists is he who professes to let facts and figures speak for themselves. — Alfred Marshall

Alfred Marshall Quotes 753340

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

Alfred Marshall Quotes 683528

The most valuable of all capital is that invested in human beings — Alfred Marshall

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Consumption may be regarded as negative production. — Alfred Marshall

Alfred Marshall Quotes 452281

Political Economy or Economics is a study of mankind in the ordinary business of life. — Alfred Marshall

Alfred Marshall Quotes 325385

Slavery was regarded by Aristotle as an ordinance of nature, and so probably was it by the slaves themselves in olden time. — Alfred Marshall