17+ William Petty Quotes On Slavery, Education And Civil War

William Petty was an English economist and philosopher who was an early proponent of political economy. He is known for his ideas on taxation and public finance as well as his pioneering work in the field of demography and statistical analysis. Petty was an influential figure in the development of classical economics and is known for his theories on taxation and public finance. Following is our collection on famous quotes by William Petty on slavery, leadership, education.

For every Seaman of Industry and Ingenuity, is not only a Navigator, but a Merchant, and also a Soldier. — William Petty

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

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

Wherefore the race being not to the swift, etc. but time and chance happening to all men, I leave the Judgement of the whole to the Candid, of whose correction I shall never be impatient. — William Petty

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

Without the knowledge of the true number of the people, as a principle, the whole scope and use of keeping bills of birth and burials is impaired; wherefore by laborious conjectures and calculations to deduce the number of people from the births and burials, may be ingenious, but very preposterous. — William Petty

Raising of money may indeed change the species, but with so much loss as the foreign pieces were raised unto, above their intrinsick value. — William Petty

Money is the best rule of commerce. — William Petty

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

Causes of Civil War are also, that the Wealth of the Nation is in too few mens hands, and that no certain means are provided to keep all men from a necessity either to beg, or steal, or be Souldiers. — William Petty

It were good to know how much hay an acre of every sort will bear; how many cattle the same weight of each sort of hay will feed and fatten; what quantity of grain and other commodities the same acre will bear in one, three or seven years; unto what use each soil is proper; all which particulars I call intrinsic value, for there is also another value merely accidental or extrinsic. — William Petty

Wherefore when a man giveth out his money upon condition that be may not demand it back until a certain time to come, he certainly may take a compensation for this inconvenience which he admits against himself. — William Petty

The method I take to do this is not yet very usual; for instead of using only comparative and superlative Words, and intellectual Arguments, I have taken the course (as a Specimen of the Political Arithmetic I have long aimed at) to express myself in Terms of Number, Weight, or Measure; to use only Arguments of Sense, and to consider only such Causes, as have visible Foundations in Nature. — 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

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

Life Lessons by William Petty

1. William Petty's work emphasized the importance of understanding the economic implications of policy decisions. He also argued that the government should collect data and use it to inform policy decisions. Lastly, Petty believed that the government should use taxation to fund public goods and services, and that it should be done in a way that is fair and equitable.