And Very Often The Influence Exerted On

Civilized Countries Generally Adopt Gold Or Silver Or Both As Money.

Slavery Was Regarded By Aristotle As An Ordinance Of Nature, And So Probably Was It By The Slaves Themselves In Olden Time.

We Might As Well Reasonably Dispute Whether It Is The Upper Or The Under Blade Of A Pair Of Scissors That Cuts A Piece Of Paper, As Whether Value Is Governed By Demand Or Supply.

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.

I Admit That These Terms And The Diagrams Connected With Them Repel Some Readers, And Fill Others With The Vain Imagination That They Have Mastered Difficult Economics Problems, When Really They Have Done Little More Than Learn The Language In Which Parts Of Those Problems Can Be Expressed, And The Machinery By Which They Can Be Handled. When The Actual Conditions Of Particular Problems Have Not Been Studied, Such Knowledge Is Little Better Than A Derrick For Sinking Oil-wells Erected Where There Are No Oil-bearing Strata.