Quotes by Nassau William Senior - Page 1

That every person is desirous to obtain, with as little sacrifice as possible, as much as possible of the articles of wealth.
Nassau William Senior / Economist
Articles
Sacrifice
Wealth
Obtain
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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 / Economist
Improvement
Obstacles
Political Economy
Principal
Subservient
Sciences
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To abstain from the enjoyment which is in our power, or to seek distant rather than immediate results, are among the most painful exertions of the human will.
Nassau William Senior / Economist
Painful
Persistence
Results
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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 / Economist
Instruments
Labour
Produce
Wealth
Further
Increased
Powers
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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 / Economist
Government
Admission
Errors
Interfere
Would Be
Proposition
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We propose in the following Treatise to give an outline of the Science which treats of the Nature, the Production, and the Distribution of Wealth. To that Science we give the name of Political Economy.
Nassau William Senior / Economist
Science
Distribution
Economy
Following
Giving
Names
Political Economy
Propose
Wealth
Production
Outline
Treatise
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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 / Economist
Given
Precise
Quantity
Relation
Two
Exchange
Existing
Obtained
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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 / Economist
Consciousness
Distribution
Observation
Wealth
Branch
Explains
Result
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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 / Economist
Happiness
Attention
Consideration
Disregard
Obstacles
Political
Virtue
Wealth
Complaint
Confine
Economists
Grave
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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 / Economist
Quality
Extraordinary
Mind
Privilege
Commercial
Manufacturer
Patent
Qualities
Ranked
Rent
Termed
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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 / Economist
Science
Difficulty
Drawing
Imperfect
Long
Reasoning
Conclusions
Correct
Intensely
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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.
Nassau William Senior / Economist
Science
Fixed
Instruction
Nomenclature
Principles
Elementary
Generally
Outline
Recognised
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The state, by relieving idleness, improvidence, or misconduct from punishment, and depriving abstinence and foresight of the reward, which have been provided for them by nature, may indeed destroy wealth, but most certainly will aggravate poverty.
Nassau William Senior / Economist
May
Poverty
Punishment
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Our object in these remarks has been not only to account for the slow progress which has as yet been made by Political Economy, and to suggest means by which its advancement may be accelerated, but also to warn the reader of the nature of the following Treatise.
Nassau William Senior / Economist
Accelerate
Advancement
Following
Political Economy
Reader
Remarks
Account
Object
Slow
Suggest
Treatise
Warn
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The business of a Political Economist is neither to recommend nor to dissuade, but to state general principles, which it is fatal to neglect, but neither advisable, nor perhaps practicable, to use as the sole, or even the principal, guides in the actual conduct of affairs.
Nassau William Senior / Economist
Advisable
Economist
Guides
Neglect
Political
Principal
Principles
Sole
Use
Actual
Affairs
Conduct
Fatal
Recommend
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Nassau William Senior Quotes - Page 1

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