Quote by: John Bates Clark

The market tends to pay as a wage what an individual laborer is worth. But the case last studied suggests the question how accurately the law operates in practice. May it not be an honest law, but be so vitiated in its working as to give a dishonest result?


Share this:  

Author Bio


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