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.

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.

Civilized countries generally adopt gold or silver or both as money.

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.

Individual and national rights to wealth rest on the basis of civil and international law, or at least of custom that has the force of law.

All labour is directed towards producing some effect.