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

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

Knowledge is our most powerful engine of production.

Political Economy or Economics is a study of mankind in the ordinary business of life.

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

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

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