Civilized countries generally adopt gold or silver or both as money. Alfred Marshall adoptcivilizecountry Change image and share on social
All labour is directed towards producing some effect. Alfred Marshall directeffectlabour Change image and share on social
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 characterclasscomfort share on social
Slavery was regarded by Aristotle as an ordinance of nature, and so probably was it by the slaves themselves in olden time. Alfred Marshall aristotlenatureolden Change image and share on social
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 centuryclassderive Change image and share on social
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 ageenchanthero Change image and share on social
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 changefallmoney Change image and share on social
Consumption may be regarded as negative production. Alfred Marshall consumptionnegativeproduction Change image and share on social
Producer's Surplus is a convenient name for the genus of which the rent of land is the leading species. Alfred Marshall convenientgenuland Change image and share on social
In common use almost every word has many shades of meaning, and therefore needs to be interpreted by the context. Alfred Marshall commoncontextinterpret Change image and share on social
