Capital is that part of wealth which is devoted to obtaining further wealth.
More Quotes from Alfred Marshall:
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.Alfred Marshall
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.
Alfred Marshall
Economics has as its purpose firstly to acquire knowledge for its own sake, and secondly to throw light on practical issues. But though we are bound, before entering on any study, to consider carefully what are its uses, we should not plan out our work with direct reference to them.
Alfred Marshall
Consumption may be regarded as negative production.
Alfred Marshall
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.
Alfred Marshall
Readers Who Like This Quotation Also Like:
Based on Topics: Capital Quotes, Money & Wealth QuotesThis is what I think is very essential... moderation can be good for you.
Robert Mondavi
The art challenges the technology, and the technology inspires the art.
John Lasseter
I have designed the most buildings of any living American architect.
Alexander Jackson Davis