Top 4 Quotes & Sayings by John Ramsay McCulloch

Explore popular quotes and sayings by a Scottish economist John Ramsay McCulloch.
Last updated on April 14, 2025.
John Ramsay McCulloch

John Ramsay McCulloch was a Scottish economist, author and editor, widely regarded as the leader of the Ricardian school of economists after the death of David Ricardo in 1823. He was appointed the first professor of political economy at University College London in 1828. He wrote extensively on economic policy, and was a pioneer in the collection, statistical analysis and publication of economic data.

Etiquette is the ceremonial code of polite life, more voluminous and minute in each portion of society according to its rank. — © John Ramsay McCulloch
Etiquette is the ceremonial code of polite life, more voluminous and minute in each portion of society according to its rank.
No arbitrary regulation, no act of the legislature, can add anything to the capital of the country; it can only force it into artificial channels.
The principle of laissez-faire may be safely trusted to in some things but in many more it is wholly inapplicable; and to appeal to it on all occasions savors more of the policy of a parrot than of a statesman or a philosopher.
It is to labor, and to labor only, that man owes everything possessed of exchangeable value. Labor is the talisman that has raised him from the condition of the savage: that has changed the desert and the forest into cultivated fields; that has covered the earth with cities, and the ocean with ships; that has given us plenty, comfort, and elegance, instead of want, misery, and barbarism.
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