To estimate the value of Newton's discoveries, or the delight communicated by Shakespeare and Milton, by the price at which their works have sold, would be but a poor measure of the degree in which they have elevated and enchanted their country; nor would it be less grovelling and incongruous to estimate the benefit which the country has derived from the Revolution of 1688, by the pay of the soldiers, and all other payments concerned in effecting it.

The science of political economy is essentially practical, and applicable to the common business of human life. There are few branches of human knowledge where false views may do more harm, or just views more good.

A writer may tell me that he thinks man will ultimately become an ostrich. I cannot properly contradict him.

When Hume and Adam Smith prophesied that a little increase of national debt beyond the then amount of it, would probably occasion bankruptcy; the main cause of their error was the natural one, of not being able to see the vast increase of productive power to which the nation would subsequently obtain.

The perpetual struggle for room and food.

Subsistence increases only in an arithmetical ratio.

The immediate cause of the increase of population is the excess of the births above deaths; and the rate of increase, or the period of doubling, depends upon the proportion which the excess of the births above the deaths bears to the population.