"Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the q…"

"If I have to hire a labourer for a week, and instead of ten shillings I pay him eight, no variation having taken plac…"

"The produce of the earth - all that is derived from its surface by the united application of labour, machinery, and c…"

"But a tax on luxuries would no other effect than to raise their price. It would fall wholly on the consumer, and coul…"

"Adam Smith, and other able writers to whom I have alluded, not having viewed correctly the principles of rent, have, …"

"Money is neither a material to work upon nor a tool to work with."

"A merchant trading with capital has been injured by the depreciation of money, as his capital has not been equal to t…"

"Sufficiently rich to satisfy all my desires and the reasonable desires of all those about me."

"I have endeavoured to show that the ability to pay taxes depends, not on the gross money value of the mass of commodi…"

"The wheat bought by a farmer to sow is comparatively a fixed capital to the wheat purchased by a baker to make into l…"