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Alfred Marshall Quotes
Alfred Marshall Quotes
Alfred Marshall
English
Economist
Born:
Jul 26
,
1842
Died:
Jul 13
,
1924
Common
Every
Money
Rights
Time
Wealth
Related authors:
Dudley North
E. F. Schumacher
John Maynard Keynes
Nassau William Senior
Nicholas Stern
Thomas Malthus
William Beveridge
William Petty
Capital is that part of wealth which is devoted to obtaining further wealth.
Alfred Marshall
Finance
Wealth
Further
Part
Obtaining
Devoted
Which
Capital
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
Wealth
Reckoned
Consists
Directly
Indirectly
Human
Wants
Which
Satisfy
Things
Desirable
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
Future
Time
Rights
Benefits
Consist
Goods
Material
Material Things
Hold
Them
Use
Useful
Derive
Things
Receive
Consumption may be regarded as negative production.
Alfred Marshall
Negative
Consumption
May
Regarded
Production
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
Absence
Purpose
Term
Goods
Any
Represent
May
Human
Short
Common
Wants
Short-Term
Use
Satisfy
Things
Desirable
Civilized countries generally adopt gold or silver or both as money.
Alfred Marshall
Money
Silver
Adopt
Both
Civilized
Generally
Countries
Gold
Again, most of the chief distinctions marked by economic terms are differences not of kind but of degree.
Alfred Marshall
Degree
Differences
Marked
Distinctions
Kind
Economic
Most
Terms
Chief
Again
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
Hope
Ignorance
Progress
Poverty
Nineteenth
Nineteenth Century
Indeed
Classes
Steady
Steady Progress
Support
Gradually
May
Century
Much
Working
Working Classes
Derives
Extinguished
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
Life
Time
Age
People
Old
Heroes
Own
Every
Virtues
Tried
Poets
Enchanting
Stimulate
Stories
Social
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