“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.” WantFirstsCharacterCommonClassComfortAll ThingsIncludingSatisfiedLuxuryLatterUrgentFirst Class Book:Principles of Economics Source: Principles of Economics
“And very often the influence exerted on a person's character by the amount of his income is hardly less, if it is less, than that exerted by the way in which it is earned.” IfsWayPersonsCharacterInfluenceAmountIncome Book:Elements of Economics of Industry: Being the First Volume of Elements of Economics Source: Elements of Economics of Industry: Being the First Volume of Elements of Economics
