Alfred Marshall Quote

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

Alfred Marshall

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

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About Alfred Marshall

Alfred Marshall (26 July 1842 – 13 July 1924) was an English economist, and was 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 brought 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 neoclassical economics.