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The theory of the determination of wages in a free market is simply a special case of the general theory of value. Wages are the price of labour.
John Hicks
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If a man marries his housekeeper or his cook, the national dividend is diminished.
Arthur Cecil Pigou
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In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into mathematics.
Ronald Coase
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Custom, that unwritten law,
By which the people keep even kings in awe.
Charles D'Avenant
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Quote of the day
When the moon is in the seventh house, And Jupiter aligns with Mars, Then peace will guide the planets, And love will steer the stars; This is the dawning of the age of Aquarius.
James Rado
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