Phrase by 'Alfred Marshall'

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

Author: Alfred Marshall - English Economist
  Name , Land , Rent , Producer


It is common to distinguish necessaries, comforts, and luxuries; the first class including all things required to meet wants which must be satisfied, while the latter consist of things that meet wants of a less urgent character.

Author: Alfred Marshall - English Economist
  Character , Things , Satisfied , Meet


In the absence of any short term in common use to represent all desirable things, or things that satisfy human wants, we may use the term Goods for that purpose.

Author: Alfred Marshall - English Economist
  Short , Human , Things , Purpose


The hope that poverty and ignorance may gradually be extinguished, derives indeed much support from the steady progress of the working classes during the nineteenth century.

Author: Alfred Marshall - English Economist
  Support , Hope , Progress , Ignorance


Material goods consist of useful material things, and of all rights to hold, or use, or derive benefits from material things, or to receive them at a future time.

Author: Alfred Marshall - English Economist
  Time , Future , Things , Rights


Individual and national rights to wealth rest on the basis of civil and international law, or at least of custom that has the force of law.

Author: Alfred Marshall - English Economist
  Rest , Law , Force , Wealth


And very often the influence exerted on a person's character by the amount of his income is hardly less, if it is less, than that exerted by the way in which it is earned.

Author: Alfred Marshall - English Economist
  Way , Person , Character , Influence


In every age poets and social reformers have tried to stimulate the people of their own time to a nobler life by enchanting stories of the virtues of the heroes of old.

Author: Alfred Marshall - English Economist
  Life , People , Time , Age


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