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Nassau William Senior Quotes
Nassau William Senior Quotes
Nassau William Senior
English
Economist
Born:
Sep 26
,
1790
Died:
Jun 4
,
1864
Made
Nature
Political
Science
Wealth
Which
Related authors:
Alfred Marshall
Dudley North
E. F. Schumacher
John Maynard Keynes
Nicholas Stern
Thomas Malthus
William Beveridge
William Petty
One of the worst of errors would be the general admission of the proposition that a Government has no right to interfere for any purpose except for that of affording protection.
Nassau William Senior
Government
Protection
Worst
Would
Would-Be
Admission
General
Purpose
Except
Proposition
Errors
Any
Interfere
Right
That every person is desirous to obtain, with as little sacrifice as possible, as much as possible of the articles of wealth.
Nassau William Senior
Wealth
Sacrifice
Every
Possible
Obtain
Articles
Person
Little
Much
The business of a Political Economist is neither to recommend nor to dissuade, but to state general principles, which it is fatal to neglect, but neither advisable, nor perhaps practicable, to use as the sole, or even the principal, guides in the actual conduct of affairs.
Nassau William Senior
Business
Political
State
Neglect
Sole
Guides
Neither
Recommend
General
Economist
Perhaps
Principal
Principles
Advisable
Affairs
Nor
Conduct
Which
Use
Even
Actual
Fatal
The first, or theoretic branch, that which explains the nature, production, and distribution of wealth, will be found to rest on a very few general propositions, which are the result of observation, or consciousness.
Nassau William Senior
Nature
Wealth
Result
Will
Rest
First
Few
Distribution
General
Observation
Very
Branch
Which
Explains
Production
Found
Consciousness
The payment made by a manufacturer to a patentee for the privilege of using the patent process, is usually termed, in commercial language, a rent; and under the same head must be ranked all extraordinary qualities of body and mind.
Nassau William Senior
Language
Mind
Made
Extraordinary
Ranked
Must
Head
Termed
Qualities
Rent
Privilege
Commercial
Patent
Same
Process
Body
Payment
Manufacturer
Using
The time I trust will come, perhaps within the lives of some of us, when the outline of this science will be clearly made out and generally recognised, when its nomenclature will be fixed, and its principles form a part of elementary instruction.
Nassau William Senior
Time
Science
Trust
Will
Made
Recognised
Out
Some
Outline
Generally
Part
Clearly
Come
Perhaps
Instruction
Principles
Within
Fixed
Form
Us
Elementary
Lives
Value denotes a relation reciprocally existing between two objects, and the precise relation which it denotes is the quantity of the one which can be obtained in exchange for a given quantity of the other.
Nassau William Senior
Value
Other
Relation
Objects
Given
Exchange
Between
Obtained
Quantity
Existing
Precise
Which
Two
We propose in the following Treatise to give an outline of the Science which treats of the Nature, the Production, and the Distribution of Wealth. To that Science we give the name of Political Economy.
Nassau William Senior
Nature
Science
Wealth
Political
Distribution
Following
Give
Outline
Propose
Name
Economy
Political Economy
Which
Production
Treatise
Treats
With respect to the first of these obstacles, it has often been made a matter of grave complaint against Political Economists, that they confine their attention to Wealth, and disregard all consideration of Happiness or Virtue.
Nassau William Senior
Happiness
Respect
Wealth
Political
Matter
Made
First
Complaint
Virtue
Consideration
Attention
Economists
Obstacles
Been
Often
Confine
Against
Grave
Disregard
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