Producer's Surplus is a convenient name for the genus of which the rent of land is the leading species.
More Quotes from Alfred Marshall:
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.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
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
The price of every thing rises and falls from time to time and place to place; and with every such change the purchasing power of money changes so far as that thing goes.
Alfred Marshall
Capital is that part of wealth which is devoted to obtaining further wealth.
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
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