The Economic Times

Quote of the day by Alfred Marshall: 'The price of every thing rises and falls from time to time and place to place, and with every...' - father of microeconomics explains why moneys value keeps changing

Quote of the day by Alfred Marshall: One of the founding economist, noted prices and money's value are not fixed. This idea remains relevant today. Understanding fluctuating purchasing power explains rising costs and budget challenges. Marshall's work shaped modern economics, focusing on supply, demand, and market dynamics. His insights continue to guide economic thought and policy.