John Stuart Mill Quotes About Cheapness

We have collected for you the TOP of John Stuart Mill's best quotes about Cheapness! Here are collected all the quotes about Cheapness starting from the birthday of the Philosopher – May 20, 1806! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 1 sayings of John Stuart Mill about Cheapness. We will be happy if you share our collection of quotes with your friends on social networks!
  • When a thing is bought not for its use but for its costliness, cheapness is no recommendation. As Sismondi remarks, the consequence of cheapening articles of vanity, is not that less is expended on such things, but that the buyers substitute for the cheapened article some other which is more costly, or a more elaborate quality of the same thing; and as the inferior quality answered the purpose of vanity equally well when it was equally expensive, a tax on the article is really paid by nobody: it is a creation of public revenue by which nobody loses.

    John Stuart Mill (1862). “Principles of Political Economy, with Some of Their Applications to Social Philosophy”, p.460
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