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

The commercial storm leaves its path strewn with ruin. When it is over there is calm, but a dull, heavy calm.

The most reckless and treacherous of all theorists is he who professes to let facts and figures speak for themselves.

The hope that poverty and ignorance may gradually be extinguished derives indeed much support from the steady progress of the working classes during the 19th century.

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

We might as well reasonably dispute whether it is the upper or the under blade of a pair of scissors that cuts a piece of paper, as whether value is governed by demand or supply.

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.