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

There is no way of keeping profits up but by keeping wages down.

For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.

Like all other contracts, wages should be left to the fair and free competition of themarket, and should never be controlled by the interference of the legislature.

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.

The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.

Every transaction in commerce is an independent transaction.