Ricardo, writing fifty years later than Smith, showed a greater insight into the working of the economic system; Ricardo and Smith both did not lack … - Eric Roll, Baron Roll of Ipsden

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Ricardo, writing fifty years later than Smith, showed a greater insight into the working of the economic system; Ricardo and Smith both did not lack subtlety despite their different views.

English
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About Eric Roll, Baron Roll of Ipsden

Eric Roll CB, KCMG (1 December 1907 – 30 March 2005) was an economist, public servant, and banker. He was made a life peer in 1977.

Also Known As

Alternative Names: Eric Roll Eric Roll, 1st Baron Roll of Ipsden

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Additional quotes by Eric Roll, Baron Roll of Ipsden

The second difficulty inherent in the contradictory character of the commodity is this: a commodity must have use value, but not for its owner, for if it had, it would cease to be a commodity. Meaning commodities can not be created for or designed by their owners, faulting the definition of commodity and its preconceptions.

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