One of the worst of errors would be the general admission of the proposition that a Government has no right to interfere for any purpose except for that of affording protection.
More Quotes from Nassau William Senior:
With respect to the first of these obstacles, it has often been made a matter of grave complaint against Political Economists, that they confine their attention to Wealth, and disregard all consideration of Happiness or Virtue.Nassau William Senior
The payment made by a manufacturer to a patentee for the privilege of using the patent process, is usually termed, in commercial language, a rent; and under the same head must be ranked all extraordinary qualities of body and mind.
Nassau William Senior
The first, or theoretic branch, that which explains the nature, production, and distribution of wealth, will be found to rest on a very few general propositions, which are the result of observation, or consciousness.
Nassau William Senior
The surplus revenue which they occasion beyond average wages and profits is a revenue for which no additional sacrifice has been made.
Nassau William Senior
But that the reasoning from these facts, the drawing from them correct conclusions, is a matter of great difficulty, may be inferred from the imperfect state in which the Science is now found after it has been so long and so intensely studied.
Nassau William Senior
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Based on Topics: Error & Mistake Quotes, Government Quotes, Purposes QuotesBased on Keywords: affording
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