Quote by: 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.


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Author Bio


  • NameJohn Bates Clark
  • DescriptionAmerican neoclassical economist
  • BornJanuary 26, 1847
  • DiedMarch 21, 1938
  • CountryUnited States Of America
  • ProfessionEconomist