Finance quote by Alfred Marshall

Mobile Desktop
The price of every thing rises and falls from time to time and place to place and with every such change the purchasing
Like

"The price of every thing rises and falls from time to time and place to place; and with every such change the purchasing power of money changes so far as that thing goes"

- Alfred Marshall

About this Quote

This quote by Alfred Marshall is describing the concept of cost flexibility, which is the idea that the price of a great or service is affected by the demand for it. Marshall is saying that the price of a good or service can vary depending on the time and location, which this variation can affect the acquiring power of cash. For example, if the cost of a great or service increases, then the buying power of money reduces, as it takes more money to purchase the same excellent or service. On the other hand, if the rate of a good or service reductions, then the buying power of cash increases, as it takes less money to purchase the very same excellent or service. Marshall's quote is a pointer that the rate of items and services is continuously changing, which this can have a result on the buying power of money.

About the Author

England Flag This quote is written / told by Alfred Marshall between July 26, 1842 and July 13, 1924. He/she was a famous Economist from England, the quote is categorized under the topic Finance. The author also have 17 other quotes.

Go to author profile

Similar Quotes

Small: Power is given only to those who dare to lower themselves and pick it up. Only one thing matters, one thing to
Fyodor Dostoevsky
"Power is given only to those who dare to lower themselves and pick it up. Only one thing matters, one thing; to be able to dare!"
Fyodor Dostoevsky, Novelist
Small: Prestige is the shadow of money and power - C. Wright Mills
C. Wright Mills
"Prestige is the shadow of money and power"
C. Wright Mills, Sociologist
Small: A bank is a place that will lend you money if you can prove that you dont need it - Bob Hope
Bob Hope
"A bank is a place that will lend you money if you can prove that you don't need it"
Bob Hope, Comedian
Small: Dont let your will roar when your power only whispers - Thomas Fuller
Thomas Fuller
"Don't let your will roar when your power only whispers"
Thomas Fuller, Clergyman
Small: You cant get rid of poverty by giving people money - P. J. ORourke
P. J. O'Rourke
"You can't get rid of poverty by giving people money"
P. J. O'Rourke, Journalist
Small: Power wears out those who dont have it - Giulio Andreotti
Giulio Andreotti
"Power wears out those who don't have it"
Giulio Andreotti, Politician
Small: Economy does not lie in sparing money, but in spending it wisely - Thomas Huxley
Thomas Huxley
"Economy does not lie in sparing money, but in spending it wisely"
Thomas Huxley, Scientist
Small: Given the choice, children who dont want for anything will not save... We have an obligation as parents to giv
Barbara Coloroso
"Given the choice, children who don't want for anything will not save... We have an obligation as parents to give our children what they need. What they want we can give them as a special gift, or they can save their money for it"
Barbara Coloroso, Author
Small: Hope... is the companion of power, and the mother of success for who so hopes has within him the gift of mirac
Samuel Smiles
"Hope... is the companion of power, and the mother of success; for who so hopes has within him the gift of miracles"
Samuel Smiles, Author
Small: There is no power on earth more formidable than the truth - Margaret Lee Runbeck
Margaret Lee Runbeck
"There is no power on earth more formidable than the truth"
Margaret Lee Runbeck, Author