William Petty Quotes

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

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.

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

Milk was used in various forms during the summer months; in winter beer or water was used. Bread, cakes, potatoes, and sea food were the principal foods. Animal flesh was not used commonly due to the inconvenience of storing. Turf was the common fuel.

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

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

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.

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.

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.

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.

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

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.