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.

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About Alfred Marshall

Alfred Marshall was a 19th-century British economist. Alfred Marshall was an English economist and 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, and brought the ideas of supply and demand, marginal utility, and costs of production into a coherent whole, popularizing the modern neoclassical approach which dominates microeconomics to this day. Read more on Wikipedia →

Themes

  • Change — Embracing transformation, growth, and new beginnings
  • Time — Reflections on the passage of time and how we spend it
  • Money — Thoughts on wealth, value, and material pursuits

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