Alfred Marshall Quotes
Nature's action is complex: and nothing is gained in the long run by pretending that it is simple, and trying to describe it in a series of elementary propositions.
Citations
Marshall, Alfred. Principles of Economics. 8th ed., Macmillan and Co., 1920, p. x.
Related Quotes
Alfred Marshall FBA was an English economist, who 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 brings 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.