Thursday, November 16, 2006

Labor Value

Guess who's quote?

“Labour was the first price, the original purchase - money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased.”

Not Karl
Ricardo's Friend

More hints. Added after cranky comment:
No friend of Mercantilism
Once kidnapped by Gypsies


Anonymous said...

Labour with a "u", it must be someone with a British educational background. That leaves the other 2/5 or the world as possibilities ... unless it was the translator who was trained in the British educational system ... Come on, give another hint! Ricardo who?

Anonymous said...

It's David Ricardo, not Ricardo who. And the answer is probably Adam Smith.

anton said...

Adam Smith indeed.