Economics is the study of mankind in the ordinary business of life.

Economists
Alfred Marshall
Born in London 1842, Marshall founded neoclassical economics. Principles of Economics (1890) unified supply-demand analysis with marginal utility, creating the framework underpinning microeconomics.
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Alfred Marshall's Other Quotes
Nature's action is complex: and nothing is gained in the long run by pretending that it is simple.
The most valuable of all capital is that invested in human beings.
We might as reasonably dispute whether it is the upper or the under blade of a pair of scissors that cuts a piece of paper, as whether value is governed by utility or cost of production.
Related Quotes
Abandon the illusion of Great Japanism.
-- Tanzan Ishibashi
Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen.
-- Ludwig von Mises
If socialists understood economics, they wouldn't be socialists.
-- Friedrich Hayek
Man is the only animal whose desires increase as they are fed; the only animal that is never satisfied.
-- Henry George
There is no such thing as a free lunch.
-- Milton Friedman
The market can stay irrational longer than you can stay solvent.
-- John Maynard Keynes