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Alfred Marshall Quote

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

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.

Tags: finance, change, time, money

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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.