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Quote by John Bates Clark

“A laborer no longer makes whole articles. He receives raw materials, puts his touch on them, and passes them to another worker in the series. When the articles are quite finished they are carried out of sight by currents of commercial exchange. These currents are untraceable.”

Quote by John Bates Clark

Author

John Bates Clark
John Bates Clark

John Bates Clark was an American economist known for his research on marginal utility theory and theories of income distribution. His contributions to the field of economics have had a profound impact on subsequent economists. more

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