Charles Sumner: “Nothing is plainer, as a general rule, than that the reduction of…”

On the record

Nothing is plainer, as a general rule, than that the reduction of price tends to increase of consumption.

Said by

Massachusetts

Source

Sumner states a general economic principle that lowering prices tends to increase consumption.

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Other voices in this conversation

Charles Sumner: “Nothing is plainer, as a general rule, than that the reduction of price tends to increase of consumption.”