The Rate Of Profit... Is Naturally Low

The Man Who Barely Abstains From Violating Either The Person, Or The Estate, Or The Reputation Of His Neighbours, Has Surely Very Little Positive Merit. He Fulfils, However, All The Rules Of What Is Peculiarly Called Justice, And Does Every Thing Which His Equals Can With Propriety Force Him To Do, Or Which They Can Punish Him For Not Doing. We May Often Fulfil All The Rules Of Justice By Sitting Still And Doing Nothing.

In Public, As Well As In Private Expences, Great Wealth May, Perhaps, Frequently Be Admitted As An Apology For Great Folly.

Consumption Is The Sole End And Purpose Of All Production; And The Interest Of The Producer Ought To Be Attended To Only So Far As It May Be Necessary For Promoting That Of The Consumer. The Maxim Is So Perfectly Self-evident That It Would Be Absurd To Attempt To Prove It. But In The Mercantile System The Interest Of The Consumer Is Almost Constantly Sacrificed To That Of The Producer; And It Seems To Consider Production, And Not Consumption, As The Ultimate End And Object Of All Industry And Commerce.

A Very Poor Man May Be Said In Some Sense To Have A Demand For A Coach And Six; He Might Like To Have It; But His Demand Is Not An Effectual Demand, As The Commodity Can Never Be Brought To Market In Order To Satisfy It.

The Discipline Of Colleges And Universities Is In General Contrived, Not For The Benefit Of The Students, But For The Interest, Or More Properly Speaking, For The Ease Of The Masters. Its Object Is, In All Cases, To Maintain The Authority Of The Master, And Whether He Neglects Or Performs His Duty, To Oblige The Students In All Cases To Behave Toward Him As If He Performed It With The Greatest Diligence And Ability.