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

The exchangeable value of all commodities rises as the difficulties of their production increase.

But a tax on luxuries would no other effect than to raise their price. It would fall wholly on the consumer, and could neither increase wages nor lower profits.

Utility then is not the measure of exchangeable value, although it is absolutely essential to it.

Every transaction in commerce is an independent transaction.

During the period of capital moving from one employment to another, the profits on that to which capital is flowing will be relatively high, but will continue so no longer than till the requisite capital is obtained.

...I wish that I may never think the smiles of the great and powerful a sufficient inducement to turn aside from the straight path of honesty and the convictions of my own mind.