The most valuable of all capital is that invested in human beings.
Economists
Born in London 1842
Born in London 1842, Marshall founded neoclassical economics. Principles of Economics (1890) unified supply-demand analysis with marginal utility, creating the framework underpinning microeconomics.
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Born in London 1842's Other Quotes
Nature's action is complex: and nothing is gained in the long run by pretending that it is simple.
Economics is the study of mankind in the ordinary business of life.
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.
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Nothing is more powerful than an idea whose time has come.
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