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

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

Again, most of the chief distinctions marked by economic terms are differences not of kind but of degree.

Material goods consist of useful material things, and of all rights to hold, or use, or derive benefits from material things, or to receive them at a future time.

But if inventions have increased man's power over nature very much, then the real value of money is better measured for some purposes in labour than in commodities.

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

All wealth consists of desirable things; that is, things which satisfy human wants directly or indirectly: but not all desirable things are reckoned as wealth.