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.
More Quotes from Alfred Marshall:
Consumption may be regarded as negative production.Alfred Marshall
The modern developments of economic science in relation to rent indicate progress. For we are learning that what is commonly called the rent of land is really a very complex thing made up of many elements, some of which differ more widely from one another than it, as a whole, differs from profits, or than some elements of it differ from wages.
Alfred Marshall
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.
Alfred Marshall
All wealth consists of desirable things; that is, things which satisfy human wants directly or indirectly: but not all desirable things are reckoned as wealth.
Alfred Marshall
Again, most of the chief distinctions marked by economic terms are differences not of kind but of degree.
Alfred Marshall
Readers Who Like This Quotation Also Like:
Based on Topics: Characters Quotes, Pleasure QuotesBased on Keywords: comforts, luxuries, necessaries
I'm sure Alex will be having to get the masseurs in to work on those legs. You feel tired when you're losing but when you are winning it gives you that bit of an edge.
Graham Roberts
If there is no direct threat why are we invading?
Dustin Hoffman
I think it's really important to look at the big picture instead of just one competition.
Shannon Miller