All money is essentially merchandize. - Anne Robert Jacques Turgot

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All money is essentially merchandize.

English
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About Anne Robert Jacques Turgot

Anne Robert Jacques Turgot, Baron de Laune (10 May 1727 – 18 March 1781), usually referred to as simply "Turgot", was a French economist and statesman.

Also Known As

Alternative Names: Ann Rober Jak Türqo Anne Robert Jacques, Baron de Turgot Turgot

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Additional quotes by Anne Robert Jacques Turgot

The earth has been cultivated before it has been divided; the cultivation itself having been the only motive for a division, and for that law which secures to every one his property. For the first persons who have employed themselves in cultivation, have probably worked as much land as their strength would permit, and, consequently, more than was necessary for their own nourishment.

The productions of the earth require long and difficult preparations, before they are rendered fit to supply the wants of men. The productions which the earth supplies to satisfy the different wants of man, will not, for the most part, administer to those wants, in the state nature affords them; it is necessary they should undergo different operations, and be prepared by art. Wheat must be converted into flour, then into bread; hides must be dressed or tanned; wool and cotton must be spun; silk must be taken from the cod; hemp and flax must be soaked, peeled, spun, and wove into different textures; then cut and sewed together again to make garments, &c. If the same man who cultivates on his own land these different articles, and who raises them to supply his wants, was obliged to perform all the intermediate operations himself, it is certain he would succeed very badly.

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