"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."
Quote collection
Alfred Marshall quotes (page 2 of 2)
29 quotes — follow a thought to its full quote page.
"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."
"Though a simple book can be written on selected topics, the central doctrines of economics are not simple and cannot be made so."
"Again, most of the chief distinctions marked by economic terms are differences not of kind but of degree."
"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."
"The hope that poverty and ignorance may gradually be extinguished derives indeed much support from the steady progress of the working classes during the 19th century."
"But if inventions have increased man's power over nature very much, then the real value of money is better measured for some purposes in labour than in commodities."
"All labour is directed towards producing some effect."
"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."