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"It is preferable to regard labour, including, of course, the personal services of the entrepreneur, and his assistants, as the sole factor of production, operating in a given environment of technique, natural resources, capital equipment and effective demand. This is why we have been able to take labour as the sole physical unit which we require in our economic system, apart from units of money and of time."

— John Maynard Keynes
john maynard keynes Quotes Liberalism,Labour,Economic Systems

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John Maynard Keynes
Liberalism
Labour
Economic Systems
Economic
Equipment
Natural Resources
Productions
Economy
Assistants
Factors Of Production

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