John A. Hobson Quote

The money received for sales has no other significance or value than its power to buy, and trade can only be imaged truly as an exchange of goods for goods in which the processes of selling and of buying are complementary.


The Morals of Economic Irrationalism (1920)


The money received for sales has no other significance or value than its power to buy, and trade can only be imaged truly as an exchange of goods for ...

The money received for sales has no other significance or value than its power to buy, and trade can only be imaged truly as an exchange of goods for ...

The money received for sales has no other significance or value than its power to buy, and trade can only be imaged truly as an exchange of goods for ...

The money received for sales has no other significance or value than its power to buy, and trade can only be imaged truly as an exchange of goods for ...