Book II, Chapter I, On the Progress of Wealth, Section IX, p. 400 (See also: David Ricardo and aggregate demand)
Principles of Political Economy (Second Edition 1836)
Context: But such consumption is not consistent with the actual habits of the generality of capitalists. The great object of their lives is to save a fortune, both because it is their duty to make a provision for their families, and because they cannot spend an income with so much comfort to themselves, while they are obliged perhaps to attend a counting house for seven or eight hours a day...
... There must therefore be a considerable class of persons who have both the will and power to consume more material wealth then they produce, or the mercantile classes could not continue profitably to produce so much more than they consume.
Thomas Robert Malthus: Power
Thomas Robert Malthus was British political economist. Explore interesting quotes on power.
Source: An Essay on The Principle of Population (First Edition 1798, unrevised), Chapter XIX, paragraph 2, lines 1-6
Context: The greatest talents have been frequently misapplied and have produced evil proportionate to the extent of their powers. Both reason and revelation seem to assure us that such minds will be condemned to eternal death, but while on earth, these vicious instruments performed their part in the great mass of impressions, by the disgust and abhorrence which they excited.
Book II, Chapter I, On The Progress of Wealth, Section X, p. 422
Principles of Political Economy (Second Edition 1836)
Book II, Chapter I, On the Progress of Wealth, Section I, p. 309
Principles of Political Economy (Second Edition 1836)
Source: An Essay on The Principle of Population (First Edition 1798, unrevised), Chapter VII, paragraph 10, lines 8-10
Essay on the Principle of Population (1798; rev. through 1826)
“To prevent the recurrence of misery is, alas! beyond the power of man.”
Source: An Essay on The Principle of Population (First Edition 1798, unrevised), Chapter V, paragraph 25, lines 4-5
Book II, Chapter I, On The Progress of Wealth, Section X, p. 430
Principles of Political Economy (Second Edition 1836)
Source: An Essay on The Principle of Population (First Edition 1798, unrevised), Chapter VII, paragraph 20, lines 2-4
Book II, Chapter I, On The Progress of Wealth, Section IX, p. 410
Principles of Political Economy (Second Edition 1836)