If a man were living in isolation his INCOME would be literally his product. Make him the monarch and owner of an island, and the fruits that he RAISES and the clothing that he MAKES constitute, in themselves, his income. This CEASES to be true when trading begins.

Author - John Bates Clark


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Posted on 01 Feb 2025, this text provides information on Owner related to John Bates Clark. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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