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Alfred Marshall Quotes

Capital is that part of wealth which is devoted to obtaining further wealth.

The price of every thing rises and falls from time to time and place to place and with every such ch...

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(1) Use mathematics as shorthand language, rather than as an engine of inquiry. (2) Keep to them til...

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Civilized countries generally adopt gold or silver or both as money.

But if inventions have increased man's power over nature very much, then the real value of money is ...

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Alfred Marshall

Economist

Born: 1842-07-26

Died: 1924-07-13

Alfred Marshall (26 July 1842 – 13 July 1924) was a British economist, considered one of the most influential economists of his time. His book, Principles of Economics (1890), was the dominant economic textbook in England for many years. It brings the ideas of supply and demand, marginal utility, and costs of production into a coherent whole. He is known as one of the founders of economics.More