William Petty quotes

William Petty was an English economist, scientist, and philosopher, regarded as one of the founders of political economy. His work laid the groundwork for statistical analysis and economic theory, notably through his innovations in economic measurement and analysis. He made significant contributions to the fields of economics, statistics, and social science. Here are 11 of his quotes:

Every seaman is not only a navigator, but a merchant and also a soldier.

William Petty

That some are poorer than others, ever was and ever will be: And that many are naturally querulous and envious, is an Evil as old as the World.

William Petty

Here we are to remember that in consequence of our opinion that labor is the Father and active principle of wealth, as lands are the Mother, that the state by killing, mutilating, or imprisoning their members do withal punish themselves.

William Petty

The trade of banks is the buying and selling of interest and exchange.

William Petty

Money is the best rule of commerce.

William Petty

A thousand acres that can feed a thousand souls is better than ten thousand acres of no more effect.

William Petty

I hope no man takes what I said about the living and dieing of men for mathematical demonstration.

William Petty

An house is of a double nature, viz., one, wherein it is a way and means of expence, the other as it is an instrument and tool of gain.

William Petty

No man pays double or twice for the same thing, forasmuch as nothing can be spent but once.

William Petty