The farmer and manufacturer can no more live without profit than the labourer without wages.

If I discover a manure which will enable me to make a piece of land produce 20 per cent more corn, I may withdraw at least a portion of my capital from the most unproductive part of my farm.

Profits are not made by differential cleverness, but by differential stupidity.

If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification, - it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it.

Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.

Money is neither a material to work upon nor a tool to work with.

Called an inquiry into the laws which determine the division of the produce.