Quotes by Alfred Marshall

Alfred Marshall

British economist

Alive from: 1842-1924

Category: Economists and businessmen

Quotes 16 till 19 of 19.

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    Alfred Marshall
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    The hope that poverty and ignorance may gradually be extinguished, derives indeed much support from the steady progress of the working classes during the nineteenth century.
  • Alfred Marshall
    Alfred Marshall
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    The price of every thing rises and falls from time to time and place to place; and with every such change the purchasing power of money changes so far as that thing goes.
  • Alfred Marshall
    Alfred Marshall
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    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.
    Source: Principles of Economics (1920) Book V, Ch. III
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    Alfred Marshall
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    But if inventions have increased man's power over nature very much, then the real value of money is better measured for some purposes in labour than in commodities.
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