Adam Smith and Malthus and Ricardo! There is something about these three figures to evoke more then ordinary sentiments from us their children in the spirit.
--
Robert Malthus, p. 148John Maynard Keynes
» John Maynard Keynes - all quotes »
Mr. Malthus says, " It has been justly observed by Adam Smith that no equal quantity of productive labour employed in manufactures can ever occasion so great a reproduction as in agriculture. " If Adam Smith speaks of value, he is correct; but if he speaks of riches, which is the important point, he is mistaken; for he has himself defined riches to consist of the necessaries, conveniences, and enjoyments of human life. One set of necessaries and conveniences admits of no comparison with another set; value in use cannot be measured by any known standard; it is differently estimated by different persons.
David Ricardo
Marx's economic teachings are essentially a garbled rehash of the theories of Adam Smith and, first of all, of Ricardo.
Karl Marx
Marx's economic teachings are essentially a garbled rehash of the theories of Adam Smith and, first of all, of Ricardo.
David Ricardo
But Adam Smith was a philosopher as well as well as an economist, famous in his time as much for his Theory of Moral Sentiments as for The Wealth of Nations. And as he understood so well, society is more than the sum of its individual parts.
Paul Ormerod
Adam Smith, who has strong claim to being both the Adam and the Smith of systematic economics, was a professor of moral philosophy and it was at that forge that economics was made.
Adam Smith
Keynes, John Maynard
Keys, Alicia
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z