Consumption may be regarded as negative production.

Nature's action is complex: and nothing is gained in the long run by pretending that it is simple, and trying to describe it in a series of elementary propositions.

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

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

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.

Though a simple book can be written on selected topics, the central doctrines of economics are not simple and cannot be made so.

The love for money is only one among many.