John Bates Clark , American economist
said about Income, Isolation, Living, Man...
"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."
- John Bates Clark Read all John Bates Clark quotes, or find out more about John Bates Clark
"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."- John Bates Clark