All Labour Is Directed Towards Producing Some

Capital Is That Part Of Wealth Which Is Devoted To Obtaining Further Wealth.

Again, Most Of The Chief Distinctions Marked By Economic Terms Are Differences Not Of Kind But Of Degree.

Nature's Action Is Complex: And Nothing Is Gained In The Long Run By Pretending That It Is Simple, And Trying To Describe It In A Series Of Elementary Propositions.

It Is Common To Distinguish Necessaries, Comforts, And Luxuries; The First Class Including All Things Required To Meet Wants Which Must Be Satisfied, While The Latter Consist Of Things That Meet Wants Of A Less Urgent Character.

Every Short Statement About Economics Is Misleading (with The Possible Exception Of My Present One).