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John Ramsay McCulloch

John Ramsay McCulloch Books

Economist

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“It is to labor, and to labor only, that man owes everything possessed of exchangeable value. Labor is the talisman that has raised him from the condition of the savage: that has changed the desert and the forest into cultivated fields; that has covered the earth with cities, and the ocean with ships; that has given us plenty, comfort, and elegance, instead of want, misery, and barbarism.”

MenWantEarthValuesGivenCitiesConditionsFieldsChangedComfortOceanLaborMiseryRaisedForestsShipsPlentyDesertCoveredPossessedSavagesEleganceBarbarismTalismans
Author:John Ramsay McCulloch
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“No arbitrary regulation, no act of the legislature, can add anything to the capital of the country; it can only force it into artificial channels.”

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Book:The Principles of Political Economy: With Some Inquiries Respecting Their Application, and a Sketch of the Rise and Progress of the Science
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