Smuggling is a crime, which occupies so prominent a place in the criminal legislation of all modem states, is wholly the result of vicious commercial… - John Ramsay McCulloch

" "

Smuggling is a crime, which occupies so prominent a place in the criminal legislation of all modem states, is wholly the result of vicious commercial and financial legislation

English
Collect this quote

About John Ramsay McCulloch

(1 March 1789 – 11 November 1864) was a Scottish economist, author and editor, widely regarded as the leader of the Ricardian school of economists after the death of David Ricardo in 1823. He was appointed the first professor of political economy at in 1828. He wrote extensively on , and was a pioneer in the collection, and publication of .

Also Known As

Alternative Names: John Ramsey M'Culloch
Try QuoteGPT

Chat naturally about what you need. Each answer links back to real quotes with citations.

Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.

Additional quotes by John Ramsay McCulloch

Suppose that a cask of new wine, which cost £50, is put into a cellar, and that, at the end of twelve months, it is worth £55, the question is: Should the £5 of additional value, given to the wine, be considered as a compensation for the time the £50 worth of capital has been locked up, or should it be considered as the value of additional labour actually laid out in the wine?

Unlimited Quote Collections

Organize your favorite quotes without limits. Create themed collections for every occasion with Premium.

It is to labour... and to labour only, that man owes every thing possessed of exchangeable value. Labour is the talisman that has raised him from the condition of the savage — that has changed the desert and the forest into cultivated fields... Labour tho that has covered the earth with cities and the ocean with ships — of wealth that has given us plenty, comfort, and elegance, instead of want, misery, and barbarism.

Loading...