John Hicks Quote

Income No. 3 must be defined as the maximum amount of money which the individual can spend this week, and still be able to spend the same amount in real terms in each ensuing week.


p. 174 - Value and capital, (1939)


Income No. 3 must be defined as the maximum amount of money which the individual can spend this week, and still be able to spend the same amount in...

Income No. 3 must be defined as the maximum amount of money which the individual can spend this week, and still be able to spend the same amount in...

Income No. 3 must be defined as the maximum amount of money which the individual can spend this week, and still be able to spend the same amount in...

Income No. 3 must be defined as the maximum amount of money which the individual can spend this week, and still be able to spend the same amount in...