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Alfred Marshall

Consumption may be regarded as negative production.

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All labour is directed towards producing some effect.

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Civilized countries generally adopt gold or silver or both as money.

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

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

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

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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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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.

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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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