Skip to content
Shawords

Quote#Money & Wealth

Any article which is well known to be valued by a large and easily…

Quote byPhilip Henry Wicksteed · 1844–1927

Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: "Money and Exchange" (ch. 4), Pages 135–138..

English (original)

any article which is well known to be valued by a large and easily accessible class of persons may be taken habitually in exchange for valued commodities, although those who take it do not want it for their own use, and it does not, on its own merits, occupy such a place on their relative scale as would justify the exchange.

— Philip Henry Wicksteed

More from Philip Henry Wicksteed