ᐅ We ought to define a man's income as the maximum value which he can consume during a week, and still expect to be as well off at the end of the week as he was at the beginning. – Sir John Richard Hicks | QuotesTrue.com

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We ought to define a man's income as the maximum value which he can consume during a week, and still expect to be as well off at the end of the week as he was at the beginning.

Sir John Richard Hicks

1946 Value and Capital (2nd edn).

2043

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