Consumption may be regarded as negative production.
All labour is directed towards producing some effect.
Civilized countries generally adopt gold or silver or both as money.
Capital is that part of wealth which is devoted to obtaining further wealth.
Producer's Surplus is a convenient name for the genus of which the rent of land is the leading species.
Again, most of the chief distinctions marked by economic terms are differences not of kind but of degree.
In common use almost every word has many shades of meaning, and therefore needs to be interpreted by the context.
Slavery was regarded by Aristotle as an ordinance of nature, and so probably was it by the slaves themselves in olden time.
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.
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.