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Capital is a result of labor, and is used by labor to assist it in further production. Labor is the active and initial force, and labor is therefore the employer of capital.

Henry George

Henry George Biography

  Nationality: American
Type: Economist

Born: September 2, 1839
Death: October 29, 1897
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Quote of the Day
“I've sold my records outta shopping carts on the street.”

 

Gg Allin
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“No one knows anything about economics. It's the great lie of the economists. By contrast in football people might have contrasting opinions, each of which has some validity. But the economists always speak in conditionals - what a mess.”

 

Vicente Del Bosque
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