The time I trust will come, perhaps within the lives of some of us, when the outline of this science will be clearly made out and generally recognised, when its nomenclature will be fixed, and its principles form a part of elementary instruction.
More Quotes from Nassau William Senior:
That, agricultural skill remaining the same, additional labour employed on the land within a given district, produces a less proportionate return.Nassau William Senior
The confounding Political Economy with the Sciences and Arts to which it is subservient, has been one of the principal obstacles to its improvement.
Nassau William Senior
Value denotes a relation reciprocally existing between two objects, and the precise relation which it denotes is the quantity of the one which can be obtained in exchange for a given quantity of the other.
Nassau William Senior
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.
Nassau William Senior
That the powers of labour, and of the other instruments which produce wealth, may be indefinitely increased by using their products as the means of further production.
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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