“Just as there are inputs which are supplied by the owner of a business, and whose value therefore is a "virtual," not an actual, expense, so there can be outputs which are consumed by the owner of a business, and whose value therefore forms.”

—  Kenneth E. Boulding

Source: 1940s, Economic Analysis, 1941, p. 380

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Kenneth E. Boulding 163
British-American economist 1910–1993

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